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Duplex Income Property

3890 37th San Diego, CA 92105

3890 37th, San Diego, CA, 92105
$749,900
For Sale
Claim this Listing
$749,900

MULTI_FAMILY - San Diego, CA

Property Size1,689 SF
Lot Size0.07 Acres
Price / SF$443.99
AddedNov 14, 2025
Days on Market243
Last RefreshJul 15 at 2:06 am

Property Features for 3890 37th

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Kitchen, Bedroom 2, Laundry Room, Bedroom 1
Parking
3
Parking features
Driveway, Off Street
Window features
Blinds
Appliances
Refrigerator, Gas Range
Standard status
Active
APN
4474723200
Size
1,689 SF
Lot size
0.07 Acres

Utilities

Sewer type
Public Sewer
Heating system
Forced Air, Wall Furnace
Water source
Public

Building Details

Year built
1990
Floors in Building
2
Number of units
2
Flooring type
Laminate, Carpet
Roof type
Asphalt, Shingle
Additional Structures
Outbuilding

Listing agent Philip Mills License #01893077

Listing office CA Flat Fee Listings, Inc 292 E Foothill Blvd. Unit E, Arcadia, CA

Listing date Nov 14, 2025

MLS# AR25254269

Copyright © 2026 California Regional Multiple Listing Service, Inc. 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 for-sale duplex/multifamily residential income property features a combined 1,689 square feet of building area situated on a 0.0702-acre lot. The offering is listed as a residential income asset, providing an owner an opportunity to hold a multi-unit structure in a compact lot configuration.

The property is located at 3890 37th in San Diego, California 92105, within San Diego County. Investors and owner-users considering residential income strategies may want to review the property directly for unit layout, condition, and any opportunity to optimize rents and expenses based on their specific underwriting criteria.

Key Highlights

  • 1990 built home
  • Appliances include refrigerator and gas range
  • Heating includes wall furnace and forced air

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 $51.7k $30.60
− Vacancy −$2.7k −$1.60
EGI $49.0k $29.00
− OpEx −$14.7k −$8.70
NOI $34.3k $20.30
1,689 SF · lease $30.60/SF/yr · vacancy 5.22% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$489.9K
$428.6K – $571.5K (±1% cap)
NOI $34,290 @ 7.0% cap · market cap 4.57%
Second Best
Apartment 5plus
$451.5K
$395.0K – $526.7K (±1% cap)
NOI $31,603 @ 7.0% cap · market cap 4.21%
Theoretical Best
Specialty Retail
$667.1K
$583.7K – $778.3K (±1% cap)
NOI $46,697 @ 7.0% cap · market cap 6.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm HVAC Service Nursing Home Tech Support Center Nursing Home Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Cosmetic Store Travel Agency (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - For sale duplex/multifamily property offering 1,689 square feet on a 0.0702-acre lot in San Diego 92105.
Where is this duplex located?
The property is located at 3890 37th San Diego, CA.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 1990 built home; Appliances include refrigerator and gas range; Heating includes wall furnace and forced air
Contact an agent
More about this property
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