1020 41st St

1020 41st St is a fully permitted, remodeled triplex in San Diego's Mt. Hope neighborhood. Built in 1939 and thoughtfully updated, the property features three independent living units — a two-bedroom front main house, a two-bedroom rear ADU, and a studio JADU — offering a combined four bedrooms, three bathrooms, and approximately 1,606 square feet of living space on a 2,800-square-foot lot. This property sold for $999,000 on May 7, 2026.

The Mt. Hope neighborhood sits in San Diego's 92102 ZIP code, a South San Diego community undergoing steady revitalization. Positioned between the I-805 corridor and Highland Avenue, Mt. Hope offers residents convenient access to downtown San Diego, the San Diego Trolley system, and major employment centers. The neighborhood has attracted increasing investor interest as multi-family properties in this area offer strong rental yield potential relative to coastal South Bay communities.

The triplex configuration at 1020 41st St makes this property particularly compelling for investors or owner-occupants seeking rental income. Three separately permitted units — each with its own kitchen, bathroom, and living area — allow for flexible occupancy strategies. The front main house and rear ADU each offer two bedrooms and a full bathroom, while the studio JADU adds a third rentable or personal-use space. This kind of multi-unit setup is rare to find fully remodeled and permitted in a single transaction.

The complete remodel includes custom mahogany soft-close cabinetry, quartz countertops, and stainless steel appliances throughout all kitchen spaces, along with central air conditioning — a significant modernization for a property originally constructed in 1939. These upgrades position the property as a turn-key investment with minimal deferred maintenance for the incoming buyer.

At a sold price of $999,000, this transaction reflects continued strong demand for permitted multi-family investment properties in San Diego's South Bay. As the region experiences sustained population growth and constrained housing supply, triplex and ADU configurations like this one represent some of the most efficient paths to multi-unit ownership in the San Diego market. Deborah Vance represented this sale as part of her broader South Bay market coverage, applying the same organized, direct approach that has made her the #1 Realtor in Imperial Beach since 2019.