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3275 Boundary St, San Diego, CA, 92104

5beds
3baths
1,894sqft
$1,599,000
$844price/sqft
$10,388/moest. monthly cost
$415,520/yrincome needed

About This Home

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.

Getting Around

79
WalkingVery Walkable
38
TransitSome Transit
56
BikeBikeable

Schools

10/10
6/10
San Diego High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1946

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Cooling

  • Cooling features: Wall/Window Unit(s)

Features

  • Bedroom on Main Level,Main Level Primary
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 1,894 sqft

Master Bedroom

  • Features: Main Level Primary

Property

Details

  • Parcel number: 4537813100
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Street
  • Pool features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 4,247 sqft
  • Features: Corner Lot

Parking

  • Total spaces: 4
  • Parking features: Door-Multi,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in San Diego County and California

Earthquake
Flood
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $8,085$97,020
Home Insurance *$175$2,100
Property Taxes $1,722$20,664
Electricity $406$4,873
Total$10,388$124,656
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$356,160/yr
40% on housing$311,640/yr
45% on housing$277,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$844This listing

vs Other Active Listings

Avg $/sqft

ZIP 92104$510
San Diego County$558

vs Homes Sold Last Month

Median $/sqft

ZIP 92104$931
San Diego County$576

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-21Listed for sale$1,599,000
2022-11-01Sold$1,450,000
2022-10-26Pending sale$1,500,000
2022-09-16Price change$1,500,000
2022-08-25Listed for sale$1,650,000
2020-06-10Listing removed$5,400
2020-05-14Listed for rent$5,400

For Sale by Agent

AgentNicholas Coulter
BrokerageeXp Realty of California, Inc.

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