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Listed by Eric M von Bluecher • Lee & Associates
$1,100,000
Est. payment /mo
2,028 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,028 sqft
Price per Sqft $542
MLS Listing ID 8N-2608619
Year Built 1978
Lot Size 7,538 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Lee & Associates Multifamily Group - North San Diego County is pleased to present 38th Street Duplex, a 2-unit multifamily investment opportunity located at 3313-15 38th Street in San Diego, California. Situated on an approximately 7,538 square foot lot, the property consists of one single-story residential building totaling approximately 2,028 square feet and features a unit mix of (2) two-bedroom/one-and-a-half-bath units, each approximately 1,014 square feet. The property offers investors an opportunity to acquire a well-located San Diego duplex with stable in-place income, private yards, substantial parking, and several recent property improvements. Each unit includes a two-car garage, driveway, private yard, laundry hookups, and access to owned solar. Additional features include new central air conditioning, windows, new garage doors, laminate flooring, and updated appliances in Unit 3315. The property currently generates approximately $6,000 in scheduled monthly rental income, providing a strong income base for an investor, owner-user, or multigenerational buyer. The two-unit configuration also offers operational simplicity and flexibility. Located in the heart of the City Heights / Colina Del Sol submarket, the property benefits from convenient access to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Balboa Park, and major employment centers throughout the region. The surrounding neighborhood continues to experience strong rental demand driven by its central location, affordability relative to coastal submarkets, and ongoing community reinvestment. With its spacious two-bedroom units, private outdoor areas, two-car garages, driveways, owned solar, and recent improvements, 38th Street Duplex presents an opportunity to acquire a well-located multifamily asset with current income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, utility metering, permits, financial information, rental information, and all other material aspects of the property. *Photos have been lightly edited for exposure, color, and clarity. Photos are intended for marketing purposes only and may not reflect exact current conditions*
Location
State CA
County San Diego
Area 92105 - East San Diego
Zoning R-2
Interior
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Garage Spaces 4.0
Pool None
Community Features Curbs, Sidewalks, Street Lights, Urban
View Y/N No
Building
Lot Description Front Yard, Yard, 0-1 Unit/Acre
Sewer Public Sewer
Others
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900