3652-54 Cherokee Ave San Diego, CA 92104
MULTI_FAMILY - San Diego, CA
Property Features for 3652-54 Cherokee Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 2 units
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 2
- Pets allowed
- Yes
- Standard status
- Pending
- APN
- 447-642-27-00
- Size
- 1,750 SF
- Lot size
- 0.13 Acres
Building Details
- Year built
- 1925
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Ed F Orenstein License #00993896 (858) 382-2267
Listing office Keller Williams Realty 13400 Sabre Springs Pkwy #100, San Diego, CA (858) 668-2804
Listing date Jul 10, 2026
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
3654 is currently tenant occupied, with notice already given, and it can be shown with an accepted offer. The property is located off an alley and provides 2 private parking spaces alongside the house.
The homes were built in the early 1970s, and the property is listed under zoning for 2 units.
Key Highlights
- Year built 1925 (composition roof)
- 3652 is currently gutted and needs complete makeover
- Electrical updated years ago; new water heater in 2025
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.3k | $27.00 |
| − Vacancy | −$2.5k | −$1.41 |
| EGI | $44.8k | $25.59 |
| − OpEx | −$13.4k | −$7.68 |
| NOI | $31.3k | $17.91 |
