Three-Bedroom Duplex Income
3831 41st Street San Diego, CA 92105
For Sale
$875,000
Duplex with two spacious three-bedroom units totaling about 1,776 rentable square feet on a 6,746 SF lot.
Property Size1,776 SF
Lot Size0.15 Acres
Price / SF$492.68
Days on Market44
Property Features for 3831 41st Street
General Information
- Standard status
- Active
- Size
- 1,776 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Listing Agency:
Marcus & Millichap
(858) 373-3166
Listed By:
Christopher J. Zorbas · License #License(s): CA: 01301418
(858) 373-3166
Source:
Marcusmillichap
Added: Jun 11
Changed: Jul 22
Last Checked: Jul 23 at 2:39AM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
This well-located duplex at 3831–33 N 41st Street in San Diego’s City Heights neighborhood is set on a 6,746 SF lot and offers two spacious three-bedroom residences totaling approximately 1,776 rentable square feet. The unit mix includes one 3-bedroom/2-bath unit and one 3-bedroom/1.5-bath unit, providing functional layouts designed to accommodate a range of household needs.
The property is configured as a duplex with two separate three-bedroom homes under one roof. This makes it suitable for investors seeking a straightforward rental structure with two unit types and established long-term tenancy appeal.
For additional review and to confirm details, buyers are encouraged to verify all information during due diligence, including unit configuration and current operating terms.
The property is configured as a duplex with two separate three-bedroom homes under one roof. This makes it suitable for investors seeking a straightforward rental structure with two unit types and established long-term tenancy appeal.
For additional review and to confirm details, buyers are encouraged to verify all information during due diligence, including unit configuration and current operating terms.
Key Highlights
- Duplex in San Diego’s City Heights featuring two 3‑bedroom units
- Total of about 1,776 rentable SF across both units
- Unit mix: one 3‑bedroom/2‑bath and one 3‑bedroom/1.5‑bath
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 | $54.3k | $30.60 |
| − Vacancy | −$2.8k | −$1.60 |
| EGI | $51.5k | $29.00 |
| − OpEx | −$15.5k | −$8.70 |
| NOI | $36.1k | $20.30 |
1,776 SF · lease $30.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$515.1K
$450.7K – $600.9K
NOI $36,056 @ 7.0% cap · market cap 4.12%
Second Best
Apartment 5plus
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 3.80%
Theoretical Best
Specialty Retail
$701.5K
$613.8K – $818.4K
NOI $49,103 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex with two spacious three-bedroom units totaling about 1,776 rentable square feet on a 6,746 SF lot.
Where is this duplex located?
The property is located at 3831 41st Street San Diego, CA.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Duplex in San Diego’s City Heights featuring two 3‑bedroom units; Total of about 1,776 rentable SF across both units; Unit mix: one 3‑bedroom/2‑bath and one 3‑bedroom/1.5‑bath
