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Triplex With Alley Access
For Sale
$1,200,000

4129 31 Chamoune, San Diego, CA 92105

Three residential units include a detached front house and a two-story rear building.

Property Size3,300 SF
Price / SF$363.64
Days on Market52

Property Features for 4129 31 Chamoune

General Information

Standard status Active
Size 3,300 SF
Property subtype Investment

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Amenities

common washer/dryer hook ups

Building Details

Year Built 1938
Buildings 2
Units 3
Listed By: Linh Quach
Source: Elliman
Added: Aug 24 Changed: Oct 7 Last Checked: Oct 12 at 7:15PM

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 Linh Quach

Investment Insights

Based on property information with market context.

This 3,300-square-foot triplex, built in 1938, combines a detached craftsman-style front residence with a two-story rear structure containing two additional units. Each residence offers a two-bedroom, one-bath layout. The front home has its own driveway, while the rear building is served by alley access and private parking.

Additional property features include exclusive parking, shared washer and dryer hookups, three water heaters, and a large storage area. The property is located at 4129 31 Chamoune in San Diego, near schools, parks, and shops. Walk Score is 89, Bike Score is 56, and Transit Score is 55.

Key Highlights

  • 3,300‑square‑foot triplex on a large lot
  • Three 2‑bedroom, 1‑bath units
  • Detached craftsman house at the front of the property

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,996
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,920 $1.3M
Cap Rate 7%
$957,086 $957.1K
Cap Rate 9%
$744,400 $744.4K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$101.0K $30.60/SF
− Vacancy
−$5.3K −$1.60/SF
EGI
$95.7K $29.00/SF
− OpEx
−$28.7K −$8.70/SF
NOI
$67.0K $20.30/SF
Area
ZIP 92105
Vacancy
5.22%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,339,920
Cap Rate 7%
$957,086
Cap Rate 9%
$744,400

Alternative Uses

Best Use
Multifamily LT 5
$957.1K
$837.5K – $1.12M (±1% cap)
NOI $66,996 @ 7.0% cap · market cap 5.58%
Second Best
Apartment 5plus
$882.1K
$771.8K – $1.03M (±1% cap)
NOI $61,746 @ 7.0% cap · market cap 5.15%
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,238 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Locksmith Clothing & Fashion Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,015
Businesses Nearby

Demographics for 92105, CA

66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Triplex - Three residential units include a detached front house and a two-story rear building.
Where is this triplex located?
The property is located at 4129 31 Chamoune San Diego, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 3,300‑square‑foot triplex on a large lot; Three 2‑bedroom, 1‑bath units; Detached craftsman house at the front of the property
More about this property
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