$1,499,000
For Sale

4041 38th Street

San Diego, CA 92105
Listing OfficeMillennial Realty Group
Browse 108 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete with gated parking for up to 3 vehicles. All units have been meticulously updated with new roofs, cabinets, counters, bathrooms, appliances, plumbing, HVAC systems, and three tankless water heaters. The property also features fresh landscaping, new interior/exterior doors, updated driveways, and beautifully refinished flooring. An onsite laundry building with two stacked units adds convenience for tenants. With close proximity to the 15 and 805 freeways, walking distance to trendy eateries along University Avenue, and easy access to public transportation, this location is ideal for long-term tenants, traveling nurses, or Airbnb guests. The fenced private yard is perfect for children or pets, making this a versatile and desirable rental opportunity. Whether you're looking for a solid long-term investment or a property with strong Airbnb potential (Airbnb analysis available), this 3-unit masterpiece checks all the boxes. Don't miss out on this rare opportunity!

  • Property Details
      • Lot DescriptionSprinklerSystem
      • Stories1
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1926
  • Community and Neighborhood Details
      • SubdivisionNormal Heights
    • Location
      • CountySan Diego
  • Financial Details
      • Original List Price$1,549,000
  • Other
      • MLS #240021266SD

Location

Marjorie CrowReal Estate Group
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years

Down Payment

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%
10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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