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3416 42ndSan Diego, CA 92105

For Sale

$775,000

Smart Buyer Rebate $7,750

Excellent value-add investment opportunity! The property consists of two tenant-occupied units currently generating stable, average market rents, offering immediate income with future upside. The front residence is a renovated 2-bedroom, 1-bath home with a private backyard and dedicated driveway providing ample off-street parking. The rear unit is a modest studio situated toward the back of the lot, complemented by a spacious yard and convenient alley access—ideal for potential expansion or reconfiguration. Additional income potential is supported by a detached garage currently leased to the front unit. The layout and lot configuration provide flexibility for investors seeking to maximize returns through redevelopment, unit expansion, or ADU addition (buyer to verify all possibilities). An excellent opportunity for investors looking to acquire a performing asset with value-add potential and long-term growth.

Listed by Anthony (Tony) Rogondino

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License #02052749

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Vista Sotheby’s International Realty

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619-518-9899

Last updated April 25, 2026

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Source: CRMLS #SB26085289

Listing Facts

  • TypeMulti-family
  • NeighborhoodCastle
  • Days on Prevu6

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/24/2026
Listed by Vista Sotheby’s International Realty
$775,000

Property Details for 3416 42nd

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 2
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1950
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: front

Measurements

  • Building Area Total: 1,106
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,319
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,319
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.79
  • Gross Income: $46,740.00
  • Operating Expense: $15,986.00

Taxes

  • Parcel Number: 4543322000

Other

Location

  • Subdivision Name: City Heights
  • Tax Block: 106
  • Tax Lot: 40

Parking

Parking

  • Parking Features: Driveway

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3416 42nd.

How does 3416 42nd compare to other multi-family homes in Castle?

This multi-family home is listed 47% below the average price for multi-family homes in Castle and has been on the market for 55 less days than the typical home in this area.

3416 42nd is a -bedroom multi-family home for sale in San Diego CA 92105. Available on Prevu for 6 days at $775,000. This residence is located in Castle. The median listing price for multi-family homes in this area is $1,087,450. Property amenities include parking. Explore more multi-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.