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Corner Four-Unit Residential Income
For Sale
$1,250,000
Pending

3935 41 Madison Ave, San Diego, CA 92116

Well-maintained four-unit corner property with two one-bedroom and two studio residences.

Property SizeContact for details
Days on Market38

Property Features for 3935 41 Madison Ave

General Information

Standard status Pending
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 4

Amenities

private balcony
fireplace
jetted soaking tub
walk-in shower
washer/dryer hookups
dedicated laundry area
drought-tolerant landscaping

Building Details

Year Built 1956
Stories 2
Units 4
Tenancy Multi
Listing Agency: Coldwell Banker Commercial West
Listed By: Melissa Goldstein Tucci · License #01380034
Source: Elliman
Added: Jul 4 Changed: Aug 8 Last Checked: Aug 10 at 5:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial West

Investment Insights

Based on property information with market context.

This four-unit residential income property is well-maintained and situated on a prominent corner lot. The unit mix includes two one-bedroom residences and two studio apartments, offering a varied layout across the building. Each residence features a full kitchen, and washer/dryer hookups are included. The upper one-bedroom includes a private balcony and a fireplace, while the upstairs studio offers a jetted soaking tub and a walk-in shower. The lower one-bedroom includes an oversized kitchen with breakfast seating and direct access to a private additional bonus room. The downstairs studio is configured with its own kitchen and a dedicated laundry area that can be closed off from the living space.

The property is located within easy walking distance to Ward Canyon Park and neighborhood amenities including coffee shops and grocery options, with convenient access to Interstate 15.

Outside, the property features drought-tolerant landscaping and abundant street parking. BikeScore, WalkScore, and transitScore metrics are provided, with the property noted as somewhat walkable and having good transit access.

Key Highlights

  • 1956‑built, well‑maintained four‑unit corner property with 2 one‑bedroom residences and 2 studio apartments
  • Unit mix includes 1BR and studios, each with full kitchens and washer/dryer hookups
  • Upper 1BR features a private balcony and a cozy fireplace

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Law Firm Electrical Service Nursing Home Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,442
Businesses Nearby

Demographics for 92116, CA

31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained four-unit corner property with two one-bedroom and two studio residences.
Where is this quadplex located?
The property is located at 3935 41 Madison Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1956‑built, well‑maintained four‑unit corner property with 2 one‑bedroom residences and 2 studio apartments; Unit mix includes 1BR and studios, each with full kitchens and washer/dryer hookups; Upper 1BR features a private balcony and a cozy fireplace
More about this property
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