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4037-39 National Ave

San Diego, CA 92113
  • $1,120,000
  • STATUS: ACTIVE
  • ON SITE: 10 Days
  • ID#: 240029006
UPDATED: 69 min ago
$1,120,000
  • 7
    BEDS
  • 0.16
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,050
    SQFT
  • $546
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Ratings & Info

Description

Don’t miss this amazing investment opportunity in San Diego! This unique 3-unit property sits on a spacious lot and offers great rental income potential. The front unit 4037 is a 3/1, 850 sq ft home; the back unit at 4037 ½ is a large, charming 1/1 with a bonus studio below with its own entrance that includes new bathroom, shower, and oven, allowing for additional rental possibilities at 750 sq ft. The third unit, 4039, is a 2/1 totaling 500 sq ft. Units feature updated LVP flooring, modern cabinets, new SS appliances, and two have laundry. Major updates include a new electrical panel, plumbing, and roofs across the property. The lot offers ample yard space with mature trees, fencing for privacy, driveway, carport, and street parking. Located near parks, schools, shopping centers, and major freeways, this property is ideal for long-term investment and flexible living arrangements. Huge potential for expanding property if desired to more units.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/159108689
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4037-39 National Ave San Diego, CA 92113

  • Price: $1,120,000
  • Status: ACTIVE
  • On Site: 10 Days
  • Updated: 69 min ago
  • ID#: 240029006
7
Beds
4
Baths
0
½ Baths
0.16
Acres
2,050
SQFT
$546
$/SQFT
1968
Built
Neighborhood:
Southcrest
County:
San Diego
Area:
Logan Heights (92113)
Property Description
Don’t miss this amazing investment opportunity in San Diego! This unique 3-unit property sits on a spacious lot and offers great rental income potential. The front unit 4037 is a 3/1, 850 sq ft home; the back unit at 4037 ½ is a large, charming 1/1 with a bonus studio below with its own entrance that includes new bathroom, shower, and oven, allowing for additional rental possibilities at 750 sq ft. The third unit, 4039, is a 2/1 totaling 500 sq ft. Units feature updated LVP flooring, modern cabinets, new SS appliances, and two have laundry. Major updates include a new electrical panel, plumbing, and roofs across the property. The lot offers ample yard space with mature trees, fencing for privacy, driveway, carport, and street parking. Located near parks, schools, shopping centers, and major freeways, this property is ideal for long-term investment and flexible living arrangements. Huge potential for expanding property if desired to more units.
Exterior Features

Exterior Wood/Stucco Fencing Full Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard No Unit3 Exclusive Use Yard No Units With Garages 0 Units With Patios 3

Interior Features

Cooling Wall/Window Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 1 Half Baths Unit3 0 Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 2 Total Baths Unit3 1 Total Baths Unit4 1 Unit1 Laundry Hook Ups No Unit2 Laundry Hook Ups Yes Unit3 Laundry Hook Ups Yes Units With Cooling 3 Units With Dishwashers 3 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 3 Units With Refrigerators 3 Units With Washers 2

Property Features

Actual Cap Rate 0.0 Age Restrictions N/K Annual Expense Actual 0 Association ID San Diego Association of REALTORS (SDAR) Buildings 3 Cfd Mello Roos Fee 0.0 Community LOGAN HEIGHTS Complex Park San Diego Cross Streets National Ave Gross Rent Multiplier Actual 0.0 Gross Scheduled Income Actual 0 Mandatory Remarks None Known Market Area Metro Central Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Water Terms CashConventionalVA Unit Number For Unit1 4037 Unit Number For Unit2 4037 1/2 Unit Number4 37 bonus Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 2226.0 Unit2 Deposit 0 Unit2 Occupied Tenant Unit2 Rent Actual 1900.0 Unit3 Deposit 0 Unit3 Occupied Tenant Unit3 Rent Actual 1900.0 Unit4 Occupied Tenant Unit4 Projected Rent 1400 Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Piper Stein of Palisade Realty Inc: 858-357-5292. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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4138 Napier St.
San Diego CA, 92110