3821-3823 Cottonwood St San Diego, CA 92113
Two detached houses with separate water meters, great rental income.
Property Features for 3821-3823 Cottonwood St
General Information
- Standard status
- Active
- Size
- 3,050 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1944
Listing office Allied Green Realty
Listing date Feb 20, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Allied Green Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Two Detached Houses on One Property: Offers dual rental income streams.
- Tenants Pay All Utilities: Significantly reduces landlord expenses and increases profit margin.
- Remodeled Units: Unit one fully remodeled 5 years ago with new plumbing and electrical.
Local Financial Insights For Apartment 5plus
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 | $97.0k | $31.80 |
| − Vacancy | −$5.3k | −$1.75 |
| EGI | $91.7k | $30.05 |
| − OpEx | −$41.2k | −$13.52 |
| NOI | $50.4k | $16.53 |
