4738-40 Marlborough Drive San Diego, CA $ 1,450,000
4738-40 Marlborough Drive
$ 1,450,000
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4738-40 Marlborough Drive

San Diego, CA, 92116
$ 1,450,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 8,928

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Multi-Family Home for sale in San Diego, CA

for $1,450,000 with 4 bedrooms and 2 full baths. This home was built in 1935 on a lot size of 0.125528.

Positioned in the heart of north Kensington just steps from the energy, charm, and walkability of Adams Avenue, this iconic 1935 Spanish duplex is a rare trophy asset that blends timeless architecture with exceptional versatility. With classic curb appeal and an undeniable sense of character, it captures the essence of Kensington living while offering a truly unique ownership opportunity in one of San Diego’s most sought-after neighborhoods. Each residence offers 2 bedrooms and 1 bathroom across approximately 975 square feet, with well-designed layouts that feel both spacious and inviting. Original details and architectural charm pair effortlessly with comfortable living spaces, while large windows bring in natural light and create a warm, welcoming atmosphere throughout. The proportions of each unit live much larger than expected, making them ideal for both owner-occupants and long-term tenants alike. The property features two separate one-car garages along with convenient alley access, providing flexibility for parking, storage, or potential future use. The expansive backyard is a standout feature—offering a rare amount of outdoor space for a property of this kind and creating endless possibilities for entertaining, relaxing, or enhancing the property over time. This is a uniquely flexible opportunity that caters to a variety of buyers—rent out both units and enjoy strong income potential, live in one while renting the other, or get creative and transform the property into a stunning single-family residence that takes full advantage of the lot and location!

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Multi-Family Pending

Price

$ 1,450,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Res Income 2-4 Units

Lot Size

0.125528

Year Built

1935

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260006882

Features
General
Cooling N/K
Utilities Sewer Connected
Roof Composition
Zoning R-4:MULTIP
HOA Fee 0.0
Security Features N/K
Construction Materials Stucco
Year Built 1935
Tenant Pays Electricity Gas/Propane Water
Levels 2 Story
Property Subtype Res Income 2-4 Units
Building Name N/A
County San Diego
Operating Expense 16740.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name KENSINGTON
Full Baths 2
Status PENDING
City San Diego
Senior Community Y/N N
Number Of Units Total 2
MLS Area Metro Uptown
Lot Size Units Acres
Lot Size Square Feet 5468.0
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/260006882
Building Area Units Sqft
Living Area Units Sqft
Standard Status Pending
Cap Rate 2.75
Freehold IDX
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Exterior
Fencing Partial
Lot Size Area 0.13
Number of Buildings 1
Building Area Total 1946.0
Waterfront Y/N N
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Interior
Total Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 2
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* Excluded Features
List By
Patrick H Mercer

Listing Agent

Keller Williams La Jolla

Broker

(619) 846-2083

Phone

Affordability Calculator

$8,928
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,928
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$1,450,000 Listed Price

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4738-40 Marlborough Drive, San Diego, CA, 92116 is a Multi-Family Home for sale at $1,450,000 with a lot size of 0.125528. 4738-40 Marlborough Drive has 4 bedrooms, 2.0 baths, and was built in 1935. The property's zip code is 92116 which is in San Diego, CA