Income-Producing North Park Gem with Massive Upside | 4BD/2BA Main House + JR ADU + Garage Conversion possible
Welcome to 3275 Boundary Street — a fully renovated, turn-key income property in the heart of vibrant North Park. This corner-lot charmer delivers immediate cash flow and tremendous future potential.
Key Highlights:
Main House: Spacious 4 bedroom, 2 bathroom residence featuring restored original hardwood floors, a modern kitchen with quartz counters, Mini split A/C, and modern upgrades throughout.
JR ADU: A charming 310 sq ft studio with private entry, bedroom, kitchenette, and full bath — perfect for extra rental income or guests.
Garage Conversion Opportunity: Permits are currently in process to convert the extra-wide 2-car garage into a 1,000 sq ft 2BD/2BA ADU. This will transform the property into a true triplex.
Proven Rental Performance: The property has generated stong rental returns in the short term market.
Additional features include: Expansive backyard oasis with quartz patio bar, gazebo, and pergolas. Prime North Park location near shops, restaurants, parks, and all that San Diego has to offer.
Whether you want to live in one unit and rent the others, run it as a high-performing vacation rental, or complete the garage ADU to maximize income, this property offers rare flexibility and strong returns in one of San Diego’s most desirable neighborhoods.
Don’t miss this opportunity to own a proven income producer with significant built-in equity and expansion potential.
For sale
Listed by: eXp Realty of California, Inc. • Nicholas Coulter • 888-584-9427
$1,599,000
3275 Boundary St, San Diego, CA 92104
5beds
1,894sqft
Single Family Residence
Built in 1946
4,247 Square Feet Lot
$1,568,100 Zestimate®
$844/sqft
$-- HOA
What's special
- 108 days
- 582
- 23
Zillow last checked:
Listing updated:
Listed by:
Nicholas Coulter DRE #02178225 888-584-9427,
eXp Realty of California, Inc.
Source: CRMLS,MLS#: PT26111262
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Bedroom, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: Bedroom on Main Level
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dryer, Washer
Features
- Bedroom on Main Level, Main Level Primary
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,894 sqft
Property
Parking
- Total spaces: 4
- Parking features: Door-Multi, Garage
- Garage spaces: 2
- Uncovered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Street
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 4,247 Square Feet
- Features: Corner Lot
Details
- Parcel number: 4537813100
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
Community & HOA
Community
- Features: Biking, Curbs, Park, Sidewalks
- Subdivision: North Park
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $844/sqft
- Tax assessed value: $1,538,750
- Date on market: 5/21/2026
- Cumulative days on market: 109 days
- Listing terms: Cash,Conventional,1031 Exchange,FHA 203(b),FHA,VA Loan
Estimated market value
$1,568,100
$1.49M - $1.65M
$6,134/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $1,599,000+10.3%$844/sqft |
Source:  CRMLS #PT26111262 Report a problem | ||
| 11/1/2022 | Sold | $1,450,000-3.3%$766/sqft |
Source: Public Record Report a problem | ||
| 10/26/2022 | Pending sale | $1,500,000$792/sqft |
Source: CRMLS #PTP2205741 Report a problem | ||
| 9/16/2022 | Price change | $1,500,000-9.1%$792/sqft |
Source: CRMLS #PTP2205741 Report a problem | ||
| 8/25/2022 | Listed for sale | $1,650,000$871/sqft |
Source: CRMLS #PTP2205718 Report a problem | ||
| 6/10/2020 | Listing removed | $5,400$3/sqft |
Source: The Home Company Report a problem | ||
| 5/14/2020 | Listed for rent | $5,400$3/sqft |
Source: The Home Company Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,538,750 +2% |
| 2025 | $19,392 +6.8% | $1,508,580 +2% |
| 2024 | $18,155 +2.3% | $1,479,000 +2% |
| 2023 | $17,743 +150.1% | $1,450,000 +150.8% |
| 2022 | $7,094 +0.7% | $578,147 +2% |
| 2021 | $7,044 +1.2% | $566,811 +1% |
| 2020 | $6,958 +177.2% | $561,000 +175.3% |
| 2019 | $2,510 +4.4% | $203,759 +2% |
| 2018 | $2,404 +2.4% | $199,764 +2% |
| 2017 | $2,346 +1.7% | $195,848 +2% |
| 2016 | $2,308 +1.5% | $192,009 +1.5% |
| 2015 | $2,274 +1.6% | $189,126 +2% |
| 2014 | $2,239 | $185,423 +0.5% |
| 2013 | -- | $184,586 +2% |
| 2012 | -- | $180,968 +2% |
| 2011 | -- | $177,421 +0.8% |
| 2010 | -- | $176,096 -0.2% |
| 2009 | -- | $176,515 +2% |
| 2008 | -- | $173,055 +2% |
| 2007 | -- | $169,662 +2% |
| 2006 | -- | $166,336 +2% |
| 2005 | -- | $163,076 +2% |
| 2004 | -- | $159,879 +1.9% |
| 2003 | -- | $156,950 +2% |
| 2002 | -- | $153,874 +2% |
| 2001 | -- | $150,858 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: North Park
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