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12-Unit Apartment Building
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3928 Alabama St, San Diego, CA 92104

Three-story multifamily property with remodeled units, varied bedroom configurations, dishwashers in select units, and on-site parking.

Property Size6,714 SF
Lot Size0.16 Acres
Days on Market144

Property Features for 3928 Alabama St

General Information

Standard status Active
Size 6,714 SF
Lot size 0.16 Acres
Property subtype Multifamily

Units

Unit Mix 6 x 2BR/1.5BA, 2 x 1BR/1BA, 2 x 1BR, 2 x Studio
Multifamily Units 12

Building Details

Year Built 1970
Buildings 1
Stories 3
Listing Agency: NorthMarq - San Diego
Listed By: Benn Vogelsang · License #CA DRE 01883437
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 11:06AM

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 NorthMarq - San Diego

Investment Insights

Based on property information with market context.

Located at 3928 Alabama Street in San Diego, this three-story apartment property contains 12 units within an approximately 6,714-square-foot structure built in 1970. The unit mix includes six two-bedroom, one-and-a-half-bath residences; two one-bedroom, one-bath residences; two one-bedroom ADUs; and two studio ADUs. Dishwashers are included in the two-bedroom units and one-bedroom, one-bath units.

The property occupies a 7,118-square-foot lot in North Park, near University Heights, Hillcrest, and Morley Field. Eight units have individual APNs, and the site includes ample parking. Remodeled units and the combination of conventional apartments and ADUs provide a varied configuration within the existing building.

Key Highlights

  • 12 units in an approximately 6,714‑square‑foot, three‑story building
  • Unit mix includes six 2 Bed / 1.5 Bath units and two 1 Bed / 1 Bath units
  • Four ADUs: two 1 Bedroom units and two Studio units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Auto Parts Store HVAC Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,604
Businesses Nearby

Demographics for 92104, CA

44,265
Population
24,580
Households
1.8
Avg Household Size
36
Median Age
55%
College-Educated
94%
High-School Grad
3.7 sq mi
ZIP Area
11,964
Density / Sq Mi
$92,862
Median Household Income
$60,195
Median Earnings
$1,925
Median Rent
$861,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story multifamily property with remodeled units, varied bedroom configurations, dishwashers in select units, and on-site parking.
Where is this apartment building located?
The property is located at 3928 Alabama St San Diego, CA.
What are key features of this property?
This property features: 12 units in an approximately 6,714‑square‑foot, three‑story building; Unit mix includes six 2 Bed / 1.5 Bath units and two 1 Bed / 1 Bath units; Four ADUs: two 1 Bedroom units and two Studio units
(415) 250-4947 Call to check price and availability
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