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Two-Unit Residential Income Property
For Sale
$1,399,000

4020 22 Front St, San Diego, CA 92103

Well-maintained two-unit property with shared private yard, attic storage, and two front parking spaces.

Property Size1,997 SF
Lot Size0.12 Acres
Price / SF$700.55
Days on Market71

Property Features for 4020 22 Front St

General Information

Standard status Active
Size 1,997 SF
Total Parking Spaces 2
Lot size 0.12 Acres
Property subtype Investment
Zoning RM 3-9

Additional Details

Fenced Yard Yes
Multifamily Units 2

Building Details

Year Built 1929
Stories 1
Units 2
Tenancy Multi
Listing Agency:
Listed By: Steve Carlson
Source: Elliman
Added: Jun 3 Changed: Aug 8 Last Checked: Aug 11 at 7:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steve Carlson

Investment Insights

Based on property information with market context.

This well-maintained two-unit residential property offers flexible living with a primary residence and a separate secondary unit. Both units include stand-up attic storage and share a privately enclosed private yard, with two parking spaces in front. The main house is a spacious 2-bedroom, 2-bath layout with a remodeled kitchen featuring quartz countertops, updated bathrooms, hardwood floors, a formal dining room, central heat and air, and a large storage/pantry area just off the kitchen. Owned solar is included.

The secondary unit is a 1-bedroom, 1-bath residence with a quartz kitchen counter, gas stove, breakfast nook, faux wood blinds, and manufactured wood flooring, along with a generously sized bedroom with a built-in closet and a retro yellow tiled bathroom.

The property is zoned RM 3-9. The listing also notes a density standard of one unit per 600 sf of lot area on a 5,200 sf parcel, along with Complete Communities Tier 2 details (8.0 FAR, 60 ft height) and a transit overlay that reduces parking requirements. WalkScore is listed as 97 and bikeScore as 77.

Key Highlights

  • 1929 built two‑unit property in Mission Hills/Hillcrest with shared privately enclosed yard and stand‑up attic storage for both units
  • Main house: 2 bed/2 bath with 1,298 sq ft, hardwood floors, remodeled kitchen with quartz countertops, updated bathrooms, and central heat/AC
  • Secondary unit: 1 bed/1 bath with 699 sq ft, quartz kitchen counters, gas stove, breakfast nook, and built‑in closet in oversized bedroom

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

6,281
Businesses Nearby

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit property with shared private yard, attic storage, and two front parking spaces.
Where is this duplex located?
The property is located at 4020 22 Front St San Diego, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 1929 built two‑unit property in Mission Hills/Hillcrest with shared privately enclosed yard and stand‑up attic storage for both units; Main house: 2 bed/2 bath with 1,298 sq ft, hardwood floors, remodeled kitchen with quartz countertops, updated bathrooms, and central heat/AC; Secondary unit: 1 bed/1 bath with 699 sq ft, quartz kitchen counters, gas stove, breakfast nook, and built‑in closet in oversized bedroom
More about this property
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