3260-64 Steel St San Diego, CA 92136
MULTI_FAMILY - San Diego, CA
Property Features for 3260-64 Steel St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 6, Bedroom 2, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 5
- Standard status
- Active
- Size
- 2,208 SF
- Lot size
- 0.16 Acres
Utilities
- Water source
- Public
Building Details
- Year built
- 1956
- Floors in Building
- 1
- Flooring type
- Tile, Hardwood
Listing agent Jim Bottrell (760) 576-2335
Listing office eXp of Greater Los Angeles, Inc Ste 202 145 Vallecitos De Oro, San Marcos, CA (760) 576-2335
Listing date Nov 11, 2025
Copyright © 2026 My State 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.
The triplex is set on a quiet corner in a residential area. Public remarks indicate convenient access to dining, shopping, transit, and major freeways.
For buyers seeking a multi-family property with multiple units already in place, this triplex presents a straightforward way to own three rental homes under one roof. Current gross income is stated as near $100,000 per year, with potential for additional results through management and rent growth over time, with the buyer instructed to verify. Seller will consider concessions up to 4% and a 2/1 rate buydown that reduces the buyer’s interest rate by 2% for the first year and 1% the second year, subject to buyer qualification and terms.
Key Highlights
- Income‑producing triplex at 3260‑64 Steel St with three 2‑bed/1‑bath units
- Year built 1956; public water service
- Near $100,000/year current gross income per remarks (buyer to verify)
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 | $59.6k | $27.00 |
| − Vacancy | −$3.1k | −$1.41 |
| EGI | $56.5k | $25.59 |
| − OpEx | −$17.0k | −$7.68 |
| NOI | $39.6k | $17.91 |
