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Upgraded Triplex with Fenced Yards

3775 - 3779 TEAK STREET San Diego, CA 92113

3775 - 3779 TEAK STREET, San Diego, CA, 92113
$1,424,295
For Sale
$1,424,295

MULTI_FAMILY - San Diego, CA

Property Size2,905 SF
Lot Size0.14 Acres
Price / SF$490.29
Days on Market99

Property Features for 3775 - 3779 TEAK STREET

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-2:MINOR
Bedrooms
9
Bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 5, Bedroom 3, Bathroom 6, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 9, Bedroom 4, Bedroom 6, Bedroom 7
Exterior features
Alley Access
Fencing
Cross Fenced
Standard status
Active
APN
546-292-11-00
Size
2,905 SF
Lot size
0.14 Acres

Utilities

Heating system
Forced Air
Cooling system
Central Air

Building Details

Year built
2020
Floors in Building
2
Number of units
3
Roof type
Composition
Listing agency Cal State Realty Services
Listed by Justin B Roberts · License #01294574
Added: Apr 16 Updated: Jul 16 at 12:49PM Checked: Jul 23 at 6:06AM
MLS# 260008978

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.

Built in 2020, this upgraded triplex includes three separate units, each with 3 bedrooms and 2 bathrooms. The front unit is a detached house with a fully fenced yard, while the back units are accessed via a large alley with 5 parking spaces. Interior finishes include quartz counters, tile showers throughout, dual pane windows, and recessed lighting.

Each unit also features private laundry and an individual storage room. The property includes a large fenced yard for the second unit. It is centrally located in an up-and-coming area near downtown, shopping, restaurants, and major freeways.

Zoned R-2: MINOR, the property is situated on a lot size of 0.1404 acres and totals 2,905 square feet.

Key Highlights

  • Three units built in 2020, each with 3 bedrooms and 2 baths
  • Detached front unit with fully fenced yard
  • Large alley access plus 5 parking spaces for the back units

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 $78.4k $27.00
− Vacancy −$4.1k −$1.41
EGI $74.3k $25.59
− OpEx −$22.3k −$7.68
NOI $52.0k $17.91
2,905 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$743.4K
$650.5K – $867.3K (±1% cap)
NOI $52,038 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$685.9K
$600.2K – $800.2K (±1% cap)
NOI $48,014 @ 7.0% cap · market cap 3.37%
Theoretical Best
Specialty Retail
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,317 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Parking Lot & Garage Accounting Firm Spa & Massage Center Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Acupuncture

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Triplex built in 2020 offering three 3-bedroom, 2-bath units with private laundry and quartz/tile finishes.
Where is this triplex located?
The property is located at 3775 - 3779 TEAK STREET San Diego, CA.
What is the asking price?
The asking price for this property is $1,424,295.
What are key features of this property?
This property features: Three units built in 2020, each with 3 bedrooms and 2 baths; Detached front unit with fully fenced yard; Large alley access plus 5 parking spaces for the back units
Contact an agent
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