Located in the highly sought-after neighborhood of Normal Heights, this three-unit multi-family property offers incredible potential for both rental income and future development. Perfectly situated within the SDA, Complete Communities, and TPA zones, this property is zoned RM2-5 &' is poised for significant appreciation and flexibility, with the added benefit of a FAR of 6.5—allowing for the possibility to build over 40,000 sq. ft. of living space. Property Features: Front Home: A beautifully updated 3-bedroom, 2-bathroom home featuring a spacious open living area, a walk-in closet in the primary bedroom, and a large custom shower for ultimate relaxation. See supp… Two Rear Apartments: A two-story building with two 2-bedroom, 1-bathroom apartments—ideal for rental income. While these units could use a remodel, they present an excellent opportunity to increase value and return on investment. Two-Car Garage: Conveniently attached to the front home, providing additional storage, a laundry area and parking. Direct Alley Access: For ease of access to the rear apartments, with plenty of potential for further development. Motorized Driveway Gate: Enhances privacy, security, and peace of mind. Central Deck/Patio Area: Perfect for outdoor gatherings, relaxation, or enjoying the San Diego weather. Whether you''re a family looking for multigenerational living, or an investor seeking rental income or exploring the vast redevelopment potential, this property offers a wealth of possibilities. With the ability to expand and build, combined with a solid foundation for the existing income, it’s an incredible opportunity in a rapidly growing area. Schedule a tour today to see the potential for yourself!
Property Details
Price:
$1,400,000
MLS #:
250018182SD
Status:
Pending
Baths:
0
Address:
4365 37th Street
Type:
Residential Income
Subdivision:
Normal Heights
Neighborhood:
92105eastsandiego
City:
San Diego
Listed Date:
Feb 5, 2025
State:
CA
ZIP:
92105
Lot Size:
6,253 sqft / 0.14 acres (approx)
Year Built:
2000
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Water Heater
Cooling
Central Air
Heating
Natural Gas
Exterior
Parking Spots
0.00
Roof
Composition
Security Features
Closed Circuit Camera(s)
Financial
Association Fee
0.00
Map
Community
- Address4365 37th Street San Diego CA
- Area92105 – East San Diego
- SubdivisionNormal Heights
- CitySan Diego
- CountySan Diego
- Zip Code92105
Similar Listings Nearby
- 4434 Texas Street
San Diego, CA$1,799,000
1.50 miles away
- 7201 Amherst St
La Mesa, CA$1,795,000
4.17 miles away
- 1120 30Th St
San Diego, CA$1,795,000
2.87 miles away
- 3308 Gregory St
San Diego, CA$1,750,000
1.27 miles away
- 3961 Georgia
San Diego, CA$1,749,000
1.88 miles away
- 4445 N 42nd St
San Diego, CA$1,699,000
0.50 miles away
- 2805 State Street
San Diego, CA$1,699,000
3.67 miles away
- 5126 Alumni Pl
San Diego, CA$1,699,000
3.45 miles away
- 3920 Conde St
San Diego, CA$1,695,000
4.77 miles away
- 3211 Euclid Avenue
San Diego, CA$1,649,000
1.72 miles away

4365 37th Street
San Diego, CA
LIGHTBOX-IMAGES