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$1,350,000 USD
3937 Utah
San Diego, California 92104
USA
San Diego, California 92104
USA
Residential For Sale, Other Residential
Land size: 520 m2 ::
5,602 sqft
Sale price per sqm: 0
Remarks:
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 for separate purchase. Inquire with agent for details and pricing.
Features:
- Year Built: 1939
- Heating System: Forced Air, Gas
- Cooling System: Central AC
- Roofing: Composition/shingle
Location:
3937 Utah, San Diego, California 92104, USA
Listed By CENTURY 21 Affiliated
The Residential For Sale, Other Residential located at 3937 Utah, San Diego, California 92104, USA is currently for sale. 3937 Utah, San Diego, California 92104, USA is listed for $1,350,000 USD. If the property located at 3937 Utah, San Diego, California 92104, USA isn't what you're looking for, search California Real Estate to see other Homes For Sale in San Diego.
