4128 32 Thorn St, San Diego, California 92105, San Diego, - bed, bath

home-pic
ACTIVE$1,399,000
4128 32 Thorn St, San Diego, California 92105
6Beds
7Baths
2,430Sqft
Lot
Year Built
2025
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250041359SD
Home ConditionExcellent
Features
Deck
View

About this home

Discover a brand-new, fully permitted 3-unit property designed for both savvy investors and owner-occupants looking to maximize income potential while enjoying modern San Diego living. Appraised at $1.57M, this stunning multi-unit setup includes a 799-square-foot main home with 2 bedrooms and 1 bath, along with 2 spacious 815-square-foot ADUs, each offering 2 bedrooms and 2.5 baths and dual staircases in both making them a perfect set up for privacy among the occupants. Each unit is separately metered for SDG&E. The property features high-end finishes, open-concept floor plans, in-unit laundry, and private outdoor spaces. Outside, you’ll find a brand-new paved alley providing convenient access to the 3 gated parking spaces for 4128 or even RV or Boat parking, complemented by newly planted magnolia trees and new fencing enhancing both privacy and curb appeal. Whether you choose to live in one unit and rent out the others or lease all three for strong, steady cash flow, this is a rare turnkey opportunity in a highly desirable San Diego neighborhood. With modern construction, excellent income potential, and thoughtful details throughout, this property is truly an income-generating gem. Three units are 4128 (2br/1ba/799sq.ft.), 4130 (2br/2.5ba/815sq.ft.) and 4132 (2br/2.5ba/815sq.ft.). Seller is willing to entertain a rate buy-down for the buyer. Only Appliances included in purchase are: range/oven, dishwasher, microwave. There is a laundry & refrigerator area in all three units. Discover a brand-new, fully permitted 3-unit property designed for both savvy investors and owner-occupants looking to maximize income potential while enjoying modern San Diego living. Appraised at $1.57M, this stunning multi-unit setup includes a 799-square-foot main home with 2 bedrooms and 1 bath, along with 2 spacious 815-square-foot ADUs, each offering 2 bedrooms and 2.5 baths and dual staircases in both making them a perfect set up for privacy among the occupants. Each unit is separately metered for SDG&E. The property features high-end finishes, open-concept floor plans, in-unit laundry, and private outdoor spaces. Outside, you’ll find a brand-new paved alley providing convenient access to the 3 gated parking spaces for 4128 or even RV or Boat parking, complemented by newly planted magnolia trees and new fencing enhancing both privacy and curb appeal. Whether you choose to live in one unit and rent out the others or lease all three for strong, steady cash flow, this is a rare turnkey opportunity in a highly desirable San Diego neighborhood. With modern construction, excellent income potential, and thoughtful details throughout, this property is truly an income-generating gem. Three units are 4128 (2br/1ba/799sq.ft.), 4130 (2br/2.5ba/815sq.ft.) and 4132 (2br/2.5ba/815sq.ft.). Seller is willing to entertain a rate buy-down for the buyer.

Nearby schools

4/10
Joyner Elementary School
Public,K-50.2mi
6/10
Hamilton Elementary School
Public,K-50.4mi
4/10
Cherokee Point Elementary School
Public,K-50.6mi
4/10
Rosa Parks Elementary School
Public,K-50.6mi
3/10
Central Elementary School
Public,K-50.8mi
9/10
McKinley Elementary School
Public,K-51.0mi
7/10
Edison Elementary School
Public,K-51.0mi
5/10
Euclid Elementary School
Public,K-51.2mi
6/10
Marshall Elementary School
Public,K-51.2mi
4/10
Franklin Elementary School
Public,K-51.2mi
7/10
Rowan Elementary School
Public,K-51.2mi
5/10
Ibarra Elementary School
Public,K-51.3mi
5/10
Webster Elementary School
Public,K-61.4mi
7/10
Normal Heights Elementary School
Public,K-51.5mi
3/10
Fay Elementary School
Public,K-51.5mi
5/10
Adams Elementary School
Public,K-51.6mi
6/10
Jefferson Elementary School
Public,K-51.6mi
8/10
Garfield Elementary School
Public,K-52.1mi
7/10
Chollas/Mead Elementary School
Public,K-52.1mi
3/10
Clark Middle School
Public,6-80.4mi
4/10
Wilson Middle School
Public,6-80.9mi
4/10
Golden Hill K-8
Public,K-81.8mi
4/10
Mann Middle School
Public,6-81.9mi
2/10
Millennial Tech Middle School
Public,6-81.9mi
5/10
Roosevelt International Middle School
Public,6-82.4mi
3/10
Memorial Scholars & Athletes School
Public,6-83.4mi
8/10
Lewis Middle School
Public,6-84.1mi
5/10
Hoover High School
Public,9-121.1mi
4/10
Crawford High School
Public,9-121.9mi
4/10
Lincoln High School
Public,9-122.7mi
8/10
Patrick Henry High School
Public,9-125.0mi

Price History

Date
Event
Price
10/10/25
Listing
$1,399,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (63 Listings)
Beds63
98%
Baths71
98%
Square foot2,4301,050
97%
Lot Size06,326
Price$1.4M$678K
98%
Price per square foot$576$662.5
33%
Built year20259755976
100%
HOA
Days on market26157
2%
Condition Rating
Excellent

This is a brand-new property built in 2025, featuring modern construction and high-end finishes throughout all three units. The kitchens are equipped with white shaker cabinets, marble-look quartz countertops, new appliances (range/oven, dishwasher, microwave), and contemporary fixtures. Bathrooms are equally modern with new fixtures. The property boasts new wood-look flooring, recessed lighting, modern ceiling fans, and efficient mini-split AC systems, indicating no deferred maintenance and minimal physical depreciation, meeting current quality standards.
Pros & Cons

Pros

New Construction & Turnkey: The property is brand new (Year Built 2025) and fully permitted, offering a rare turnkey investment or owner-occupant opportunity without immediate renovation needs.
Robust Income Generation: A 3-unit configuration (main home + two ADUs) with separate metering for SDG&E provides strong, steady cash flow potential for investors or significant mortgage offset for owner-occupants.
High-End Finishes & Modern Amenities: Each unit boasts high-end finishes, open-concept floor plans, in-unit laundry hookups, and private outdoor spaces, appealing to a broad tenant base.
Immediate Equity Potential: Appraised at $1.57M, the property is listed below its appraised value at $1.399M, offering instant equity for the buyer.
Ample Gated Parking & Curb Appeal: Features three gated parking spaces, including RV/boat parking, and enhanced curb appeal with new landscaping and fencing, adding significant value and convenience.

Cons

Incomplete Appliance Package: Only range/oven, dishwasher, and microwave are included; refrigerators and washer/dryers are not provided, requiring additional investment from the buyer or tenants.
Absence of Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback for comfort during San Diego's warmer months.
Neighborhood Specifics: While described as desirable, City Heights is a diverse neighborhood, and specific blocks can have varying appeal or amenities that might not suit all prospective tenants or buyers.

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