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    3937 Utah San Diego, CA 92104

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    For Sale
    $1,350,000

    Fully leased duplex in prime North Park generating $80,460/yr.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 24 at 3:47 pm

    Property Features for 3937 Utah

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1939

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    Listing Contact
    Ken Schwartz
    Ken Schwartz

    Listing agent Ken Schwartz

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Ken Schwartz


    Overview

    North Park Duplex Investment Opportunity

    This fully leased duplex, located in North Park, generates a gross rental income of $80,460 per year, or $6,705 per month. Unit 1, with 2 bedrooms and 1 bathroom, spans 800 square feet and rents for $3,385 per month. Unit 2, also with 2 bedrooms and 1 bathroom, offers 942 square feet and rents for $3,320 per month. Both units were renovated in 2023 with updated appliances and refreshed finishes. The property is located in San Diego's urban rental submarket, which is walkable and amenity-rich. The WalkScore is 71, indicating it is very walkable. The BikeScore is 47, indicating it is somewhat bikeable. The TransitScore is 31, indicating some transit options are available. This parcel is the essential second piece of a permit-approved 8-story, 70-unit development at 3933-3941 Utah Street. Plans by Ehrlich Yanai Rhee Chaney Architects are complete and entitlements are in place. Both parcels must be acquired together to complete the project. Architectural plans and permits for the 70-unit development are available for separate purchase.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1324391
    Latitude
    32.7492839

    FAQs

    What type of property is this?
    Duplex - Fully leased duplex in prime North Park generating $80,460/yr.
    Where is this duplex located?
    The property is located at 3937 Utah San Diego, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Fully leased duplex generating $6,705/month ($80,460/yr) gross rental income.; Located in prime, walkable, and amenity‑rich North Park, San Diego.; 2023 renovations provide a solid baseline for further value‑add opportunities and premium rent potential.
    More about this property
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