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$1,275,000
4 Beds 2 Baths NDP2606005 MLS ACTIVE Status
Tucked into one of San Diego's most beloved neighborhoods, this charming side-by-side duplex sits elevated above the street, surrounded by mature trees that provide natural shade, privacy, and that unmistakable South Park character. Both units are two bedrooms and one bath, and both have been thoughtfully updated with modern kitchens, refreshed bathrooms, luxury vinyl flooring, and newer windows. Forced air heating and cooling keeps things comfortable year-round, and the larger unit enjoys a private backyard, perfect for outdoor living. Unit 3366 also featires a bonus room, offering additional flex space not reflected in the listed square footage. The income-producing unit carries a short-term rental license and has been generating over $50,000 annually in gross Airbnb revenue, with a strong track record already in place. Whether you continue the short-term rental strategy, shift to long-term tenants, or owner-occupy and let the income work for you, the upside here is tangible. South Park is the kind of neighborhood people fall in love with and never want to leave. Independent cafes, local boutiques, and standout restaurants are all within walking distance, and the community itself is warm, walkable, and full of character. Within 15 minutes you can be at the San Diego Airport, Downtown, Coronado Beach, Balboa Park, or the Naval Medical Center. Tucked into one of San Diego's most beloved neighborhoods, this charming side-by-side duplex sits elevated above the street, surrounded by mature trees that provide natural shade, privacy, and that unmistakable South Park character. Both units are two bedrooms and one bath, and both have been thoughtfully updated with modern kitchens, refreshed bathrooms, luxury vinyl flooring, and newer windows. Forced air heating and cooling keeps things comfortable year-round, and the larger unit enjoys a private backyard, perfect for outdoor living. Unit 3366 also featires a bonus room, offering additional flex space not reflected in the listed square footage. The income-producing unit carries a short-term rental license and has been generating over $50,000 annually in gross Airbnb revenue, with a strong track record already in place. Whether you continue the short-term rental strategy, shift to long-term tenants, or owner-occupy and let the income work for you, the upside here is tangible. South Park is the kind of neighborhood people fall in love with and never want to leave. Independent cafes, local boutiques, and standout restaurants are all within walking distance, and the community itself is warm, walkable, and full of character. Within 15 minutes you can be at the San Diego Airport, Downtown, Coronado Beach, Balboa Park, or the Naval Medical Center.

3364 A St, San Diego

$1,795,000
3 Beds 3 Baths 260013283 MLS ACTIVE Status Na BLDG.
Exceptional South Park Triplex with Income Upside and Development Potential. Rare opportunity to acquire a beautifully maintained three-unit income property in one of San Diego's most desirable urban neighborhoods. Located in the heart of South Park, just blocks from Balboa Park, this unique property offers a compelling combination of current cash flow, future rental upside, development potential, and the charm that makes South Park one of San Diego's most sought-after communities. The property consists of three well-maintained 1-bedroom residential units in a tranquil garden-like setting. Mature landscaping, abundant greenery, and private outdoor living spaces create an environment that feels more like a collection of individual homes than a traditional income property. Each residence enjoys its own private patio area, providing tenants with valuable outdoor space and enhanced privacy.The units have been meticulously maintained, each with in-unit washer/dryers, dishwashers, tankless hot water heaters, and separately metered utilities paid directly by the tenants (owner currently pays water service only). The property currently generates approximately $103,000 in annual gross rental income, with estimated market rents supporting potential gross income of approximately $112,000 annually, offering investors potential upside opportunities. Notably adding to the property's appeal is a 400 sf detached two-car garage with ADU potential (currently not included for tenants’ use) with City-approved architectural plans for future use as an office/workspace. South Park continues to be one of San Diego's most vibrant and enduring neighborhoods, known for its walkability, historic character, independent restaurants, neighborhood cafes, local boutiques, and proximity to Balboa Park, downtown San Diego, and major employment centers. Properties offering this combination of location, condition, income stability, and future upside are increasingly rare. Whether seeking a long-term investment, a value-add opportunity, or a property with potential for future owner-user flexibility, this exceptional South Park triplex offers a unique opportunity in one of San Diego's premier rental markets.

1936-40 Dale St, San Diego

$729,949
2 Beds 3 Baths 260001336 MLS ACTIVE Status Hillside Villas BLDG.
This property is ideal for a buyer with vision, someone who recognizes the value of major improvements already underway and can appreciate the long-term benefit these high-impact upgrades will bring once completed. Inside, the functional layout features two spacious primary suites, each with its own full bathroom, ideal for military buyers, roommates, or shared living situations. Whether you’re looking to offset your mortgage with a roommate or create a comfortable setup for visiting family, this floor plan offers flexibility and privacy. A convenient half bath downstairs adds to everyday ease. Fresh interior paint and newly replaced carpet create a clean, move-in-ready feel while offering a great foundation to make the space your own. The private backyard provides space to relax, entertain, or enjoy San Diego’s outdoor lifestyle. A direct-access 2-car garage adds both convenience and storage. The property already features a brand-new roof, with additional upgrades in progress, including gutters, electrical panel, windows, doors, and HVAC—helping reduce future maintenance concerns. VA buyers welcome. VA loan-friendly, and ideally located just minutes from Balboa Park, the San Diego Zoo, Downtown, Coronado Beach, and with convenient access to major military bases and freeways. With improvements already underway and thoughtful updates in place, this home presents an opportunity for buyers ready to act and take advantage of its current stage. A great opportunity to own a home with space, flexibility, and improvements already in motion.

1261 34th St Unit #28, San Diego

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South Park Homes for Sale in San Diego, CA

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If you're looking for homes or condos for sale in South Park, San Diego, CA 92102, view available properties or contact us to set up a custom search. South Park is an established San Diego neighborhood known for its historic homes, Craftsman architecture, neighborhood businesses, and location near Balboa Park.

FAQs

Where is South Park in San Diego? - South Park is a neighborhood within the Greater Golden Hill community of San Diego, between North Park and Golden Hill and near Balboa Park.

What ZIP code is South Park? - South Park is in San Diego, CA 92102.

Is South Park near Balboa Park? - Yes. South Park is located near the southeast side of Balboa Park.

What is South Park known for? - South Park is known for its historic character, Craftsman-style homes, and neighborhood commercial areas along 30th and Fern Streets.