BIG PRICE REDUCTION!!! SELLER IS MOTIVATED! Secluded in a prime South Park location, this rare opportunity offers charm, versatility, and investment potential. First time on the market, this unique property is just moments from Balboa Park and nestled in one of San Diego's most desirable neighborhoods. The main home features 2 bedrooms and 1 bathroom, showcasing beautiful wood floors, modern conveniences and timeless vintage character. Upgrades include newer electrical and plumbing along with a Mitsubishi split system in the main home. Tucked behind the main residence is the studio which offers its own private living space complete with a kitchen and bathroom, ideal for guests rental income or a home office. This property also includes a 2-car garage currently housing the laundry area with flexible potential for future use such as an ADU conversion or additional workspace. Step outside to a serene and park-like backyard. Enjoy the blend of tranquility with the convenience of easy access to multiple freeways and walking distance to shops and dining. Whether you're an investor seeking income potential or a homeowner looking for additional space and flexibility , the property truly offers the best of both worlds.

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Property Details of 43 31st Street

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Listed by Cindy Kellems of Coldwell Banker West

Based on information submitted to CRMLS as of May 15, 2026 5:25 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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