$1,225,000
SOLD JUL 14, 2026
4 Beds
2 Baths
1,742 Sq Ft
5,602 Sq Ft Lot

Sale Details

Date Sold: July 14, 2026

$703 Per Sq Ft

8% Below List Price

1 Day on Market

Highlights

  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of July 2026

Fully leased duplex generating $6,705/month ($80,460/yr) in gross rental income in prime North Park. Unit 1: 2BR/1BA | 800 SF | $3,385/mo. Unit 2: 2BR/1BA | 942 SF | $3,320/mo. Both units were renovated in 2023 with updated appliances and refreshed finishes, delivering a well-maintained, move-in ready product that appeals to quality-conscious tenants and owner/users alike. For the investor with a value-add eye, the 2023 renovation sets a solid baseline with real upside remaining, as a high-end finish upgrade has a clear path to premium rents in a neighborhood where renters consistently pay for quality. North Park is San Diego's most dynamic urban rental submarket, walkable, amenity-rich, and structurally undersupplied, with a WalkScore of 97 and a renter base anchored by young professionals and creatives who drive durable occupancy. This parcel is the essential second piece of a permit-approved 8-story, 70-unit development at 3933-3941 Utah Street. Plans by Ehrlich Yanai Rhee Chaney Architects are complete and entitlements are in place. Both parcels must be acquired together to complete the project. Architectural plans and permits for the 70-unit development are available. Inquire with agent for details and pricing.

Last Agent to Sell the Property

Ken Schwartz

Century 21 Affiliated License #01854235 Listed on: 06/18/2026

Century 21 Affiliated

Last Buyer's Agent

Katrina Garcia

Century 21-Premier License #01380455

Century 21-Premier

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,602 Sq Ft Lot

Parking

  • Alley Access

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4 Bedrooms
  • 1,742 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for other/remarks

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • North Park Community
  • 18Th Unit Subdivision

Building Details

  • Operating Expense $25,243

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

5,602 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Unit Levels: 1 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: Other/Remarks
  • CapRate: 4.09
  • Co List Office Mls Id: 992402
  • Subdivision Name: 18th Unit (18U)
  • Directions: University to Utah St, head north.
  • BuildingName: North Park
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-07-16T16:53:28Z
  • AgeRestrictions: N/K
  • FullAddress: 3937-3941 Utah
  • ShortSale: No
  • Site: Alley Access
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Total Bedrooms: 4

Exterior Features

  • Fencing: Other/Remarks
  • Roof: Composition
  • Construction Type: Wood

Utilities

  • Cooling: Central Forced Air
  • Heating: Forced Air Unit
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Lot Info

  • Zoning: COMMERCIAL
  • Lot Size Sq Ft: 5602.0

Rental Info

  • Tenant Pays: Other/Remarks

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 25243.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2007
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Grant Deed $1,125,000 Wfg Title Co Of Ca San Diego
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,100,000 New Conventional
Closed $870,000 Commercial
Closed $890,000 Commercial
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 Sold $1,225,000 -7.5% $703 / Sq Ft
06/19/2026 06/19/26 Pending -- -- --
06/18/2026 06/18/26 For Sale $1,325,000 -- $761 / Sq Ft
Source: San Diego MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $15,543 $1,217,734 $654,870 $562,864
2025 $15,543 $1,193,858 $642,030 $551,828
2024 $14,454 $1,170,450 $629,442 $541,008
2023 $14,135 $1,147,500 $617,100 $530,400
2022 $13,757 $1,125,000 $605,000 $520,000
2021 $1,920 $150,084 $100,547 $49,537
2020 $1,897 $148,547 $99,517 $49,030
2019 $1,864 $145,635 $97,566 $48,069
2018 $1,745 $142,780 $95,653 $47,127
2017 $83 $139,981 $93,778 $46,203
2016 $1,675 $137,238 $91,940 $45,298
2015 $1,650 $135,177 $90,559 $44,618
2014 $1,625 $132,530 $88,786 $43,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 260014756

San Diego MLS

APN: 446-411-11-00

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