North Park Multifamily Investment
For Sale
$2,550,000
3938 Florida St San Diego, San Diego, CA 92104
Six units with income upside in a desirable San Diego location.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market166
Property Features for 3938 Florida St San Diego
General Information
Standard status
Active
Total Parking Spaces
8
Lot size
0.21 Acres
Zoning
RM 3-9
Net Operating Income
$90,935
Amenities
false
true
9371
8
0.2151
5
Building Details
Buildings
5
Listed By:
Herschel Finger
(909) 328-1567
Source:
Rmarealty
Added: Mar 23
Changed: Sep 3
Last Checked: Sep 4 at 3:05AM
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 Herschel Finger
Investment Insights
Based on property information with market context.
This property features six units in the North Park neighborhood. The unit mix comprises five 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. All units include balconies or patios. The buildings are of cottage style, with five detached buildings situated on a 9,371-square-foot lot. There are six garages and two off-street parking spaces available. The property is well-maintained and clean. There is potential for additional dwelling units through garage conversion and/or redevelopment of the oversized lot. There is a potential upside in rental income.
Key Highlights
- Prime North Park Location
- 27% Upside in Rental Income
- Six Units on a Large 9,371 sqft Lot
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,604
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six units with income upside in a desirable San Diego location.
Where is this apartment building located?
The property is located at 3938 Florida St San Diego San Diego, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Prime North Park Location; 27% Upside in Rental Income; Six Units on a Large 9,371 sqft Lot
