3871-75 37th St
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3871-75 37th St
3 Unit Apartment Building $1,399,000 ($466,333/Unit) San Diego, CA 92105
Investment Highlights
- Fully turnkey units with new appliances, marble countertops, and open floor plans
- Onsite parking spots
- Great owner-occupied opportunity and market-level rents
- Located conveniently near vibrant communities like North Park and Normal Heights
Executive Summary
Discover a rare opportunity with this fully remodeled, turnkey triplex, offering three separate, standalone units—a unique setup that ensures privacy and appeal for residents.
Each unit boasts a modern interior with kitchen countertops, brand-new appliances, and open, airy floor plans. The front house includes both a finished basement and an attic, adding versatile space options.
With four onsite parking spaces, this property is ideally located near the vibrant
communities of North Park and Normal Heights, combining contemporary living with prime access to popular spots. A fantastic choice for investors or owner-occupiers!
Each unit boasts a modern interior with kitchen countertops, brand-new appliances, and open, airy floor plans. The front house includes both a finished basement and an attic, adding versatile space options.
With four onsite parking spaces, this property is ideally located near the vibrant
communities of North Park and Normal Heights, combining contemporary living with prime access to popular spots. A fantastic choice for investors or owner-occupiers!
Financial Summary (Pro forma - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,399,000 | Lot Size | 0.13 AC |
| Price Per Unit | $466,333 | Building Size | 2,346 SF |
| Sale Type | Investment | Average Occupancy | 66% |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Apartment Style | Single Family Home | Opportunity Zone |
Yes
|
| Building Class | B |
| Price | $1,399,000 |
| Price Per Unit | $466,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single Family Home |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 2,346 SF |
| Average Occupancy | 66% |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2024 |
| Parking Ratio | 1.71/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | - | - |
| 3+2 | 1 | - | - |
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Walk Score ®
Walker's Paradise (90)
zoning
| Zoning Code | CC-5-4 (Commercial-Community which accommodates commercial, retail and light industrial uses.) |
| CC-5-4 (Commercial-Community which accommodates commercial, retail and light industrial uses.) |
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3871-75 37th St
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