3996 Teak Street

San Diego, CA 92113

$995,000
Price
3
Beds
2
Baths
1,368 Sq. Ft.
$727 / Sq. Ft.
1,368
Sq. Ft.
$727
per Sq. Ft.

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!
  1. 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 Total
3
Private Pool
No
Cooling Type
N/K
Building Type
Detached
Lot Size Source
Public Records
Living Area
1368
Assessor Parcel Number
546-330-13-00

Location

Listing Courtesy of Coldwell Banker West, Assaf Avissar, DRE #01404616
Add your commute
LISTING UPDATED: 04/12/2024 06:43 AM

Property Details for 3996 Teak Street

StatusActive
MLS #PTP2400817
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1949
Lot Size0.15 AC / 6,600 SF
CountySan Diego County

Location

Listing Courtesy of Coldwell Banker West, Assaf Avissar, DRE #01404616
Add your commute

Building Information for 3996 Teak Street

Stories2Year Built1949Building Size-Lot Size0.15 AC / 6,600 SF

Payment Calculator

$5,916 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$486

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3996 Teak Street

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 001123
  • CFD/Mello-Roos Fee: $0
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Curbs, Sidewalks, Suburban, Biking, Park
  • Number Of Units In Community: 1
Property / Structure Info
Interior Features
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom
  • Main Level Bathrooms: 1
Exterior Features
  • Entry Location: 1
  • Fence: No
  • Miscellaneous: Suburban
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lease Considered: No
  • Number Of Units: 1
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Sprinklers: No
  • Levels: Two
  • Water: Public
  • Water Source: Public
Parking Info
  • Garage Spaces: 1
  • Parking: No
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 1
  • Carport Spaces: 0
  • Attached Garage: Yes
Property / Structure Info
  • Residential Styles: Detached
  • Residential Unit Location: No Common Walls

Property History for 3996 Teak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

3996 Teak Street is a single family home for sale in San Diego, CA 92113. This property was listed for sale on February 8, 2024 by Coldwell Banker West, it's currently listed at $995,000. This listing's school district is San Diego Unified School District. Nearby schools include Baker Elementary School, Knox Middle and Lincoln High School. 3996 Teak Street is a 3-bed, 2-bath, 1,368 sqft single family home built in 1949.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker West, Assaf Avissar, DRE #01404616

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 SDMLS®, Inc.