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Triplex with Private Patio for Each Unit
For Sale
$1,795,000
Pending

1936 Dale Street, San Diego, CA 92102

Three 1-bedroom units with private patios, in-unit laundry, and separately metered utilities for tenant-paid convenience.

Property Size1,937 SF
Days on Market101

Property Features for 1936 Dale Street

General Information

Standard status Pending
Size 1,937 SF
Property subtype Residential Income
Net Operating Income $1.00

Additional Details

Multifamily Units 3

Amenities

One
Heat Pump(s)
Other, Wall
https://www.propertypanorama.com/instaview/snd/260013283
No
Other
Partial

Building Details

Year Built 1949
Stories 1
Units 3
Tenancy Multi
Listing Agency: Compass
Listed By: Ron Rooney · License #01489978
Source: Compass
Added: Jun 1 Changed: Sep 8 Last Checked: Sep 8 at 4:39AM

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 Compass

Investment Insights

Based on property information with market context.

This well-maintained triplex offers three separate 1-bedroom residences arranged in a tranquil, garden-like setting. Each unit includes a private patio area, creating an individual-home feel within the property. Interiors are supported by practical in-unit amenities including washer/dryers, dishwashers, and tankless hot water heaters. Utilities are separately metered and paid directly by tenants, with the owner currently paying water service only.

The property is located in an established South Park setting, described as just blocks from Balboa Park. Walk and bike access are strong, with Walk Score of 87 and Bike Score of 77, while Transit Score is listed as 35.

From an operator standpoint, the current performance is supported by approximately $103,000 in annual gross rental income, with estimated market rents indicating potential gross income of approximately $112,000 annually. Also included is a 400 sf detached two-car garage with ADU potential, and City-approved architectural plans for future use as an office/workspace. This configuration may appeal to investors seeking a stabilized income property, as well as buyers interested in future flexibility through the detached structure.

Key Highlights

  • 1949‑built South Park triplex with three 1‑bedroom units in a garden‑like, mature landscaped setting
  • Each unit has a private patio area and in‑unit washer/dryer
  • Dishwashers and tankless hot water heaters in each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Law Firm Nail Salon Grocery & Convenience Store Furniture & Home Goods

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

759
Businesses Nearby

Demographics for 92102, CA

39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Triplex - Three 1-bedroom units with private patios, in-unit laundry, and separately metered utilities for tenant-paid convenience.
Where is this triplex located?
The property is located at 1936 Dale Street 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: 1949‑built South Park triplex with three 1‑bedroom units in a garden‑like, mature landscaped setting; Each unit has a private patio area and in‑unit washer/dryer; Dishwashers and tankless hot water heaters in each unit
More about this property
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