4534 39th Street
San Diego, CA 92116
- 4 beds
- – baths
- 2,252 sqft
- 4,767 sqft lot
- $621 per sqft
- 1928 build
- – on site
Welcome to 4534-38 39th St in beautiful Normal Heights San Diego. The property consists of 3 completely detached buildings presenting an ideal unit mix of a 925 sqft 2 Bed / 1 Bath front house, a 925 sqft 2 Bed / 1.5 Bath two story rear house built in 2001, and a 400 sqft Studio ADU Cottage completed in 2021. Both front and rear houses have in-unit laundry, off-street parking for multiple cars, and private yards. The Studio ADU possess a small private yard. This multifaceted property can be purchased by a savvy owner occupier or an investor. An individual looking to purchase their own home may consider acquiring this building to live in one of the detached houses while simultaneously receiving passive income from the other two units. The property has solar panels with a lease in-place to reduce electricity costs. The property produces roughly $88,000 in gross scheduled annual income yielding roughly $57,500 net operating income after all expenses. An investor may elect to renovate the existing units to produce a forecasted $111,500 in full market rents. The property is priced to sell at $200 per sqft less than the comp set!
Last checked:
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Last updated Mar 25, 2025
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MLS# CRPTP2501424 —
The Building
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Year Built:1928
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Building Area Units:Square Feet
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Building Area Total:2252
Room Dimensions
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Living Area:2252
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Living Area Units:Square Feet
Location
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Directions:GPS
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Exterior Features:Other
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Parcel Number:4470612400
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Zoning:RM 1
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Lot Size Area:0.11
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Lot Size Acres:0.11
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Lot Size SqFt:4767
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (925) 872-6746
Beds
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Bedrooms Total:4
The Listing
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Listing Terms:Conventional
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Virtual Tour URL Unbranded:https://www.propertypanorama.com/instaview/crmls/PTP2501424
Appliances
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Laundry Features:Other
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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3/14/25
Mar 14, 2025
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Pending | BRIDGE | $1,400,000 | |
2/25/25
Feb 25, 2025
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Listed / Active | BRIDGE | $1,400,000 | 122.9% (11.5% / YR) |
7/10/14
Jul 10, 2014
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Sold | CRMLS_CA |