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
Price:
$1,475,000
MLS #:
240024780SD
Status:
Pending
Baths:
0
Address:
4041 38th Street
Type:
Residential Income
Subdivision:
Normal Heights
Neighborhood:
92105eastsandiego
City:
San Diego
Listed Date:
Oct 18, 2024
State:
CA
ZIP:
92105
Year Built:
1926
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Schools
Interior
Appliances
Tankless Water Heater
Cooling
Central Air
Heating
Electric
Exterior
Lot Features
Sprinkler System
Parking Spots
0.00
Pool Features
None
Roof
Composition
Security Features
Gated Community
Spa Features
None
Stories Total
1
Financial
Association Fee
0.00
Tenant Pays
Cable T V, Electricity, Gas
Map
Community
- Address4041 38th Street San Diego CA
- Area92105 – East San Diego
- SubdivisionNormal Heights
- CitySan Diego
- CountySan Diego
- Zip Code92105
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Courtesy of Millennial Realty Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
4041 38th Street
San Diego, CA
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