Two-Unit Residential Income
3327-3329 41st St San Diego, CA 92105
New
3327-3329 41st St, San Diego, CA, 92105
$789,000
For Sale
$789,000
MULTI_FAMILY - San Diego, CA
Property Size1,225 SF
Lot Size0.16 Acres
Price / SF$644.08
Days on Market1
Property Features for 3327-3329 41st St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1
- Pets allowed
- Yes
- Exterior features
- Alley Access, Sidewalks
- Standard status
- Active
- APN
- 454-331-11-00
- Size
- 1,225 SF
- Lot size
- 0.16 Acres
Utilities
- Heating system
- Gravity, Forced Air
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing Agency
Team Metro
(619) 778-8888
1975-C Fifth Ave, Austin, CA
Listed by
Nathan M Crowley · License #01892269
(858) 822-8845
Added: Jul 16 Checked: Jul 16 at 3:06 pm
MLS# 260017378
Listing URL
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit residential income property includes a front house and a rear unit on the same lot, with alley access to the rear. The front unit is described as a 2-bedroom, 1-bath home of approximately 825 square feet, featuring mid-century design and a remodeled open kitchen. The kitchen remodel is noted as completed down to the studs in 2023. The property also includes an oversized 1-car garage and a covered patio, along with a private-use yard and fruit trees.
The rear unit is described as a 1-bedroom, 1-bath home that sits at the back of the lot, where the family lived for years before the front house was purchased in 2014. The rear unit is noted as rented by long-term tenants and also includes a private yard area, fruit trees, and laundry space.
The overall lot is described as large and divided between the front and rear homes, with the rear home having independent alley access. Original owners built both properties, with the rear unit built sometime in the 1920s and the front house built in 1968.
The rear unit is described as a 1-bedroom, 1-bath home that sits at the back of the lot, where the family lived for years before the front house was purchased in 2014. The rear unit is noted as rented by long-term tenants and also includes a private yard area, fruit trees, and laundry space.
The overall lot is described as large and divided between the front and rear homes, with the rear home having independent alley access. Original owners built both properties, with the rear unit built sometime in the 1920s and the front house built in 1968.
Key Highlights
- 2‑unit property: 2 bed/1 bath approx. 825 SF front home plus 1 bed/1 bath rear home with alley access
- Kitchen remodel completed down to the studs in 2023 in the front unit
- Year built: 1968 (front house); original owners built both properties
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.5k | $30.60 |
| − Vacancy | −$2.0k | −$1.60 |
| EGI | $35.5k | $29.00 |
| − OpEx | −$10.7k | −$8.70 |
| NOI | $24.9k | $20.30 |
1,225 SF · lease $30.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$355.3K
$310.9K – $414.5K
NOI $24,870 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$327.4K
$286.5K – $382.0K
NOI $22,921 @ 7.0% cap · market cap 2.91%
Theoretical Best
Specialty Retail
$483.8K
$423.4K – $564.5K
NOI $33,869 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit property with alley-access rear unit and a private-use yard served by a large lot.
Where is this duplex located?
The property is located at 3327-3329 41st St San Diego, CA.
What is the asking price?
The asking price for this property is $789,000.
What are key features of this property?
This property features: 2‑unit property: 2 bed/1 bath approx. 825 SF front home plus 1 bed/1 bath rear home with alley access; Kitchen remodel completed down to the studs in 2023 in the front unit; Year built: 1968 (front house); original owners built both properties
