$850,000
SOLD OCT 8, 2025
6 Beds
2 Baths
1,994 Sq Ft
5,414 Sq Ft Lot

Recently Sold

$426 Per Sq Ft

15% Below List Price

56 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Dog Park
  • Private Yard
  • Laundry Room
  • Level Lot

About This Home

As of October 2025

Welcome to 539–545 S 36th Street, a well-located multi-family property situated in the heart of San Diego’s Mountain View neighborhood. Just minutes from Downtown, major freeways, and public transit, the property offers excellent accessibility and strong rental demand in a rapidly evolving urban corridor. The site consists of two separate 3-bedroom, 1.5-bathroom units, totaling approximately 1,994 square feet of rentable living space on a 4,996 square foot lot. Each unit is separately metered for gas and electric, providing operational efficiency and lower ownership costs. Recent upgrades include fresh exterior paint and new roofs, enhancing both curb appeal and long-term durability. With stable tenancy and below-market rents, the property offers immediate upside through interior improvements and rental increases. The units are well-sized and functional, making them highly attractive to long-term renters in a supply constrained submarket. This asset benefits from strong fundamentals and minimal operational complexity. Located in a high-growth area experiencing continued redevelopment and city investment, 539–545 S 36th Street is an ideal asset for investors seeking dependable cash flow, long-term appreciation, and ease of management in one of San Diego’s most promising rental markets.

Last Agent to Sell the Property

Grant Myerson

The Browar Group Brokerage Email: grant@thebrowargroup.com License #02095348 Listed on: 07/09/2025

Co-Listed By

Josh Browar

The Browar Group Brokerage Email: grant@thebrowargroup.com License #01824454

Last Buyer's Agent

Chris Bourgeois

eXp Realty of Southern California, Inc. License #02223171

eXp Realty of Southern California, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 5,414 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Location

  • Property is near a park
  • Property is near public transit

Additional Features

  • Rain Gutters
  • No Heating

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 1555
  • Assessor Parcel Number 5462710800

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Dog Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $3,000
  • New Taxes Expense $11,685
  • Operating Expense $18,835
  • Gross Income $62,352
  • Net Operating Income $43,517

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.37
  • Property Attached: No
  • View: No
  • Zoning: RS-1-7
  • Property Type: Residential Income
  • Parcel Number: 5462710800
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 463.89

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Dog Park

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Level, Near Public Transit, Park Nearby, Yard
  • Lot Size Sq Ft: 5414.00
  • Lot Size Acres: 0.1243

Multi Family

  • Gross Income: 62352.00
  • Gross Scheduled Income: 62352.00
  • Insurance Expense: 3000.00
  • Lot Size Area: 5414.0000 Square Feet
  • Net Operating Income: 43517.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 18835.00
  • Rent Control: No
  • Total Expenses: 18835.00

Tax Info

  • New Taxes Expense: 11685.00
  • Tax Lot: 08001
  • Tax Tract Number: 001555

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2025 10/08/25 Sold $850,000 -8.1% $426 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
08/06/2025 08/06/25 Price Changed $925,000 -7.0% $464 / Sq Ft
07/09/2025 07/09/25 For Sale $995,000 -- $499 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2505130

California Regional Multiple Listing Service (CRMLS)