3812-14 36th St San Diego, CA 92104
Cherokee Point NeighborhoodEstimated payment $9,391/month
Highlights
- No HOA
- Bike Trail
- No Heating
- Laundry Room
About This Home
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.
Listing Agent
Keller Williams Realty Brokerage Phone: 858-436-6585 License #01988197 Listed on: 03/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 6,988 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
- Entry on the 2nd floor
Interior Spaces
- 2,405 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- No Heating
Listing and Financial Details
- Tax Lot 001007
- Tax Tract Number 1007
- Assessor Parcel Number 4474621700
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gross Income $99,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/17/2025 08/17/25 | For Sale | $1,498,800 | 0.0% | $623 / Sq Ft | |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- | |
| 05/20/2025 05/20/25 | Price Changed | $1,498,800 | -6.3% | $623 / Sq Ft | |
| 03/13/2025 03/13/25 | For Sale | $1,598,800 | +72.8% | $665 / Sq Ft | |
| 12/10/2020 12/10/20 | Sold | $925,000 | +3.4% | $337 / Sq Ft | View Prior Sale |
| 10/30/2020 10/30/20 | Pending | -- | -- | -- | |
| 10/29/2020 10/29/20 | For Sale | $895,000 | -- | $326 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NDP2502316
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