Backup offersTour
$10,000 Closing Credit¹
#PTP2502862, Amy Porter, Listing Office: Ascent Property Management
$1,395,000 List price
386771 Menlo Ave San Diego, CA 92105
$10,000
Closing credit¹
0.1 acres
House
Property details
About 386771 Menlo Ave
3865-71.5 Menlo Ave possesses 5 total units consisting of a detached 2 Bed / 1 Bath House + a rear Fourplex consisting of (4) 1 Bedrooms / 1 Bath units, and a laundry room. The property is legally a 4 unit on tax records and title, but was built as a 5 unit and is currently operating as a 5 unit. This rare scenario provides a new buyer the opportunity to achieve 30 year fixed residential financing while receiving income from 5 original construction units! The property produces a strong $111,306 Gross Scheduled Income with a Net Operating income of $77,284 with an immediately available rent increase yielding an above market true 5.54% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents. The property is well-parked with 5 off-street spaces with the potential to add 5 additional tandem spaces.
Highlights
Home typeOther
StatusActive
Lot size0.1346 Acres
Year built1960
ParkingAssigned
MLS #PTP2503727
Virtual tour
Summary
- Private Pool: No
- Parking: Assigned
- List Price: $1,395,000
- HOA Amount: $0
- Directions: GPS
- Year Built: 1960
- Stories: 2
- Lot Size: 0.1346 Acres
- MLS Number: PTP2503727
- MLS Name: CRMLS
- Office Name: Commercial Asset Advisors
- Office Email: mbrown@caacre.com
- Listing Agent: Maxwell Brown
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/31/2025, 8:20:33 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,395,000
386771 Menlo Ave
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
6
Euclid Elementary School
Public District KG-5
0.4 mi
•4166 Euclid Ave
3
Franklin Elementary School
Public District KG-5
0.5 mi
•4481 Copeland Ave
5
Ibarra Elementary School
Public District KG-5
0.5 mi
•4877 Orange Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,553. Most San Diego, CA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
45%
<35k
42%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
12%
Single, with Kids
15%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
8%
12-17 yrs old
29%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Ross Dress For Less
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 386771 Menlo Ave
The listing price of 386771 Menlo Ave property is $1,395,000.
The property 386771 Menlo Ave is a house located in San Diego, California, 92105.
Active Listing: 386771 Menlo Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 386771 Menlo Ave are: Euclid Elementary School (GreatSchools Rating 6/10), Franklin Elementary School (GreatSchools Rating 3/10), Ibarra Elementary School (GreatSchools Rating 5/10), Mann Middle School (GreatSchools Rating 4/10), Iftin Charter (GreatSchools Rating 5/10), Wilson Middle School (GreatSchools Rating 4/10), Hoover High School (GreatSchools Rating 5/10), Diego Hills Central Public Charter (GreatSchools Rating 2/10), Health Sciences High and Middle College (GreatSchools Rating 5/10).
The property at 386771 Menlo Ave has 0 bathroom.
The year of construction for 386771 Menlo Ave is 1960.
This home is located at 386771 Menlo Ave in San Diego, CA and zip code 92115 in the Talmadge neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 21, 2025 and is currently priced at $1,395,000.
In April 2025 more than 101 listings in San Diego, CA were sold above the asking price. During the same period more than 43 listings were sold at asking price, while more than 84 were sold below. The number of homes for sale in San Diego, CA increased by 8.2% between March and April 2025. In April 2025 median list price was $899,204 and the average listing age was 22 days.
From Rocket Homes Real Estate and based on county public records data.