3996 Teak Street
3996 Teak Street
$995,000
3
2
1,368
1,368
$727
Description
Incredible opportunity awaits with this charming two-story single-family home on a corner lot. Property is Zoned for Multifamily and Multiple Units can be built here. Property is also located in a Transit Priority zone with an Expedited Application Process and Reduced Fees. Originally constructed in 1949, this residence features a delightful layout with 3 bedrooms and 2 bathrooms. The upper level, accessible via the main entrance on Teak St, offers 2 bedrooms, 1 bath, a spacious remodeled kitchen,...Incredible opportunity awaits with this charming two-story single-family home on a corner lot. Property is Zoned for Multifamily and Multiple Units can be built here. Property is also located in a Transit Priority zone with an Expedited Application Process and Reduced Fees. Originally constructed in 1949, this residence features a delightful layout with 3 bedrooms and 2 bathrooms. The upper level, accessible via the main entrance on Teak St, offers 2 bedrooms, 1 bath, a spacious remodeled kitchen, and an inviting dining and living area with gleaming hardwood floors. Step outside onto the expansive outdoor deck, perfect for hosting gatherings and enjoying outdoor leisure. Convenience is key with a single-car garage and tandem driveway parking available. The lower level, with a separate entrance on 40th St, presents an additional 1 bedroom and 1 bath, providing versatile options for extended family living or rental income potential. What sets this opportunity apart is the ability to build Multiple Multifamily Units or ADU's. Property is located in a Federal Opportunity Zone providing Capital Gains Tax Relief to Failed 1031 Exchange Investors, Capital Gains from Business Sales, Stock Sales, and many other Capital Gains from Business Investments. Lot size spans of 6,600 sq feet, and includes alley access. Property Located in Community Lending Program-Discount rates up to 1.5% based on qualifying terms-available through select lenders. Don't miss out on the chance to own a home with endless possibilities for expansion and income generation!
- Listed by Assaf Avissar • DRE #01404616 • Brokerage DRE #01481919 • Coldwell Banker West • assaf@homesbyassaf.com
Property Details for 3996 Teak Street
View
Park/Greenbelt
Parking Spaces Total3
Private PoolNo
Cooling TypeN/K
Building TypeDetached
Lot Size SourcePublic Records
Living Area1368
Assessor Parcel Number546-330-13-00
Location
LISTING UPDATED: 04/12/2024 06:43 AM
Property Details for 3996 Teak Street
Status | Active |
---|---|
MLS # | PTP2400817 |
Days on Market | 77 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1949 |
Lot Size | 0.15 AC / 6,600 SF |
County | San Diego County |
Location
Building Information for 3996 Teak Street
Stories2Year Built1949Building Size-Lot Size0.15 AC / 6,600 SF
Payment Calculator
$5,916 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3996 Teak Street
Property History for 3996 Teak Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3996 Teak Street
Taxable ValueLand$315,353Additions$157,676Total$473,029
Tax Record2023$5,829 ($486 / month)
Home Facts
Beds3Total Finished SqFt1,368 SqFtAbove Grade Finished SqFt1,368 SqFtLot Size6,600 SqFtStyleSingle Family ResidenceYear Built1949ZoningR-2:MINOR MULCountySAN DIEGOAPN546-330-13-00
Schools near 3996 Teak Street
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Baker Elementary School PublicK to 5 | ||
Knox Middle Public6 to 8 | ||
Lincoln High School Public9 to 12 | ||
San Diego Cooperative Charter School 2 CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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