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South Park Triplex with Patios

1936-40 Dale St San Diego, CA 92102

1936-40 Dale St, San Diego, CA, 92102
$1,795,000
For Sale
$1,795,000

Triplex with three 1-bedroom units, private patios, and separately metered utilities generating annual gross rental income.

Days on Market52

Property Features for 1936-40 Dale St

General Information

Standard status
Active
Property subtype
Multi Family Home

Building Details

Year Built
1949
Listing agency eXp Realty of California, Inc.
Listed by Ron Rooney · License #01489978
Source Americangrouponline
Added: Jun 1 Updated: Jul 21 at 9:21AM Checked: Jul 21 at 9:21AM

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 eXp Realty of California, Inc.


Investment Insights

Based on property information with market context.

This well-maintained South Park triplex features three 1-bedroom residential units in a tranquil, garden-like setting with mature landscaping. Each unit includes its own private patio area for outdoor living. Interior in-unit amenities include washer/dryers and dishwashers, along with tankless hot water heaters. Utilities are separately metered and paid directly by the tenants, with the owner currently paying water service only.

The property is located in the heart of South Park, just blocks from Balboa Park. It currently generates approximately $103,000 in annual gross rental income, with estimated market rents supporting potential gross income of approximately $112,000 annually.

In addition to the three units, there is a detached 400 sf two-car garage on-site with ADU potential. City-approved architectural plans are in place for future use as an office/workspace, and the structure is currently not included for tenants’ use.

Key Highlights

  • Triplex built in 1949 with three 1‑bedroom units, each with a private patio area.
  • Annual gross rental income is approximately $103,000; estimated market rents support potential gross income of approximately $112,000.
  • In‑unit features include washer/dryers, dishwashers, and tankless hot water heaters in all units.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Parking Lot & Garage HVAC Service Law Firm Nail Salon Grocery & Convenience Store Furniture & Home Goods (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility

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

FAQs

What type of property is this?
Triplex - Triplex with three 1-bedroom units, private patios, and separately metered utilities generating annual gross rental income.
Where is this triplex located?
The property is located at 1936-40 Dale St San Diego, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Triplex built in 1949 with three 1‑bedroom units, each with a private patio area.; Annual gross rental income is approximately $103,000; estimated market rents support potential gross income of approximately $112,000.; In‑unit features include washer/dryers, dishwashers, and tankless hot water heaters in all units.
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