3-Unit Residential
New
For Sale
$1,249,000
3136 44th Street, San Diego, CA 92105
Residential Income, San Diego, CA
Property Size1,776 SF
Price / SF$703.27
Days on Market2
Property Features for 3136 44th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RM-1-2
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Exterior features
Alley Access, Public Street, Sidewalks, Street Paved
Fencing
Gate
Subdivision
CITY HEIGHTS
Elementary school
San Diego Unified School Distric
Middle school
San Diego Unified School Distric
High school
San Diego Unified School Distric
Directions
Please use GPS.
Standard status
Active
APN
476-201-17-00
Size
1,776 SF
Utilities
Heating system
Gravity
Amenities
private laundry
storage
automatic security gate
Building Details
Year built
1941
Number of units
3
Roof type
Composition
Listing Agency:
Real Broker
(855) 450-0442
Listed By:
Kaylani Rapp · License #01306285
(949) 338-5615
Added: Oct 13
Last Checked: Oct 14 at 4:06AM
MLS# 260024798
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.
This 1,776-square-foot triplex comprises three residences. Built in 1941, the property gained two additional homes in 2008. Each residence has private laundry, and the rear units include oversized two-car garages and storage. An automatic security gate controls access to the property.
The two rear residences have updated kitchens and bathrooms, including stainless steel appliances, cabinetry, quartz countertops, modern fixtures, new flooring, and fresh interior and exterior paint. The property is zoned RM-1-2. Possible development scenarios are subject to city approval and project feasibility.
The two rear residences have updated kitchens and bathrooms, including stainless steel appliances, cabinetry, quartz countertops, modern fixtures, new flooring, and fresh interior and exterior paint. The property is zoned RM-1-2. Possible development scenarios are subject to city approval and project feasibility.
Key Highlights
- Three residences totaling 1776 square feet
- Built in 1941; two additional residences added in 2008
- All three homes have private laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,056
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,120
$721.1K
Cap Rate 7%
$515,086
$515.1K
Cap Rate 9%
$400,622
$400.6K
Market Conditions
NOI Build-Up for 1,776 SF
Gross rent
$54.3K $30.60/SF
− Vacancy
−$2.8K −$1.60/SF
EGI
$51.5K $29.00/SF
− OpEx
−$15.5K −$8.70/SF
NOI
$36.1K $20.30/SF
Area
ZIP 92105
Vacancy
5.22%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$721,120
Cap Rate 7%
$515,086
Cap Rate 9%
$400,622
Alternative Uses
Best Use
Multifamily LT 5
$515.1K
$450.7K – $600.9K
NOI $36,056 @ 7.0% cap · market cap 2.89%
Second Best
Apartment 5plus
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 2.66%
Theoretical Best
Specialty Retail
$701.5K
$613.8K – $818.4K
NOI $49,103 @ 7.0% cap · market cap 3.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
576
Businesses Nearby
Explore this area
Business Placement
Demographics for 92105, CA
66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Private laundry serves all three homes, with garages and storage at the rear residences.
Where is this triplex located?
The property is located at 3136 44th Street San Diego, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Three residences totaling 1776 square feet; Built in 1941; two additional residences added in 2008; All three homes have private laundry
