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Closed
- Listed price
- $1,095,000
- Listed Apr 10, 2023
- Sold price
- $1,010,000
- Sold Jul 10, 2023
7,141 sqft lot|1957 Built|10 MLS days on market
1553 57 S 40th, San Diego, CA 92113
Property Description
One of the best priced 4 unit deals in the city of San Diego. 1553-57 S 40th Street is located East of the 5 in the Southcrest neighborhood of San Diego, CA. The property is located in a part of San Diego enjoying tremendous growth between downtown San Diego development and all that is happening in Barrio Logan and National City alike. The property was originally built in 1957, and contains (4) 2bed+1bath units. There are two size-able storage units on-site for tenant use. Held long-term by current ownership, the property represents an excellent value add opportunity for astute investors to fix up the units and increase cash flow. In addition to upside in the rents, it is possible to monetize storage units through ADU conversion or charging monthly.
Listing agent: Michael MignosaDRE #02049221mike@thebrowargroup.com, Listing office: The Browar Group
MLS data updated 10/31/2026, 5:55:02 AM PT
Source: CRMLSMLS #: PTP2301837
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,010,000
Jul 10, 2023
Available records22023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,010,000Closed sale · Jul 10, 2023ZIP 92113 · Jul 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsApr 10, 2023 – Jul 10, 2023
ZIP 92113 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.