$1,400,000

453438 39th St San Diego, CA 92116

$10,000
Closing credit¹
0.1 acres
Multi-Family

Property details

About 453438 39th St

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!

Highlights

Home typeTriplex
StatusActive
Lot size0.1094 Acres
Year built1928
MLS #PTP2501424

Virtual tour

Summary

  • MLS Number: PTP2501424
  • MLS Name: CRMLS
  • Office Name: Commercial Asset Advisors
  • Office Email: mbrown@caacre.com
  • Listing Agent: Maxwell Brown

IDX 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: 3/13/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring stucco siding, an attached garage, fence, driveway, and a front lawn

$1,400,000

453438 39th St

$10,000

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Normal Heights Elementary School

Public District KG-5

0.4 mi

3750 Ward Rd

5

Adams Elementary School

Public District KG-5

0.5 mi

4672 35th St

3

Franklin Elementary School

Public District KG-5

0.8 mi

4481 Copeland Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $92,537. Most San Diego, CA residents have annual incomes between $100k-200k. Most families are 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?

19%
<35k
34%
35k-100k
35%
100k-200k
12%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

60%
Single, No Kids
5%
Single, with Kids
24%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
3%
12-17 yrs old
24%
18-34 yrs old
51%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Skiing/snowboardingSkiing/snowboarding
  • Yoga/pilatesYoga/pilates
  • Men's TennisMen's Tennis

Where do the neighbors shop?

  • NordstromNordstrom
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • California Pizza KitchenCalifornia Pizza Kitchen
  • Dominos PizzaDominos Pizza
  • Bonefish GrillBonefish Grill

What do the neighbors drive?

  • BMWBMW
  • AudiAudi
  • LexusLexus

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 453438 39th St in San Diego, CA and zip code 92116 in the Mid-City neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 25, 2025 and is currently priced at $1,400,000.

While more than 47 listings in San Diego, CA in February 2025 were sold above asking price, there were more than 28 listings sold at asking price, and more than 66 were sold below. In February 2025 in San Diego, CA there were 8.9% more homes for sale than in January. The median list price of listings available in February 2025 was $949,203, while the average time on the real estate market was 30 days.

From Rocket Homes Real Estate and based on county public records data.

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