This property presents an excellent investment opportunity, with the current rental income across its three units and plus possibility to convert the existing garage into an additional 1-bedroom unit to increase the rental income. Each unit offers comfortable living spaces, ideal for tenants seeking the perfect blend of urban convenience and residential tranquility. Three-unit multi-family property nestled in the vibrant Cherokee Point neighborhood of San Diego. This 2,405-square-foot property, on a sprawling 6,988 square foot lot, comprises three distinct units: Unit 1: Three bedrooms and two and a half bathrooms. Unit 2: Two bedrooms and one bathroom. Unit 3: One bedroom, one bathroom and downstairs 2 car garage. Two units are in the front building, both recently upgraded and rented, they both have laundry in units. The third (one-bedroom) unit in the back building, situated above the garage, offers excellent potential for value-add improvements and higher rent. The opportunity to convert the existing garage into a 1-bedroom unit or expand the property further, increasing rental income potential and maximizing investment returns. Two garages plus four driveway parking spots provide ample space for residents and guests. Private gated yards offer a secure area for relaxation or recreation for two of the units. Generous 3 areas accommodate tenants’ needs. Washer and dryer hookups are available, enhancing tenant convenience. The property’s prime location also affords easy access to some of San Diego’s most iconic destinations. Convenient access to Interstates 805 and 15 facilitates commuting throughout the area. North Park, Balboa Park, downtown San Diego, San Diego State University, and Mission Valley are all within a 5-15 minute drive, ensuring your tenants are never far from the urban excitement and conveniences that define San Diego living. Whether you’re an investor looking to expand your portfolio or a homeowner interested in additional income streams, 3812-14 36th Street offers exceptional versatility and potential in a highly desirable San Diego neighborhood.
Property Details
Price:
$1,498,800
MLS #:
NDP2502316
Status:
Active
Baths:
0
Address:
3812 36Th Street
Type:
Residential Income
Neighborhood:
92102sandiego
City:
San Diego
Listed Date:
Mar 10, 2025
State:
CA
ZIP:
92104
Lot Size:
6,988 sqft / 0.16 acres (approx)
Year Built:
1941
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Schools
Interior
Exterior
Community Features
Biking
Garage Spaces
2.00
Lot Features
0-1 Unit/ Acre
Parking Spots
2.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address3812 36Th Street San Diego CA
- Area92102 – San Diego
- CitySan Diego
- CountySan Diego
- Zip Code92104
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3812 36Th Street
San Diego, CA
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