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Multifamily Property With Detached Units
For Sale
$999,000

4159 38th St, San Diego, CA 92105

Residential Income, San Diego, CA

Property Size1,386 SF
Lot Size0.08 Acres
Price / SF$720.78
Days on Market51

Property Features for 4159 38th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RM-2-5
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3
Subdivision CITY HEIGHTS
Standard status Active
APN 4473520700
Size 1,386 SF
Lot size 0.08 Acres

Utilities

Cooling system Wall/Window Unit(s)

Building Details

Year built 1926
Floors in Building 1
Number of units 2
Roof type Composition
Buildings 3
Listing Agency: Real Broker
Listed By: Grace S Chi · License #01998008
Added: Sep 10 Changed: Oct 29 Last Checked: Oct 30 at 3:06PM
MLS# 260022276

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This multifamily property includes 1,386 square feet on a 0.0804-acre lot, with three detached living spaces arranged across the site. The primary residence contains 3 bedrooms, 1.5 bathrooms, and in-unit laundry. A second dwelling provides 1 bedroom and 1 bathroom with access to shared laundry, while an additional detached space is configured as a 1-bedroom, 1-bathroom unit. Appliances are included.

Built in 1926, the property has RM-2-5 zoning, wall/window unit cooling, and a composition roof. A long driveway provides access to the detached spaces. The property is located in San Diego near North Park, with shopping, dining, schools, and major freeways identified in the surrounding area.

Key Highlights

  • Three detached living spaces on a 0.0804‑acre lot
  • 1,386 square feet with 3 bedrooms, 1.5 bathrooms, and in‑unit laundry in the primary residence
  • Additional dwellings include 1 bedroom and 1 bathroom each

Property Analytics

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Current Use

1031 exchange properties

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Kitchen & Bath Showroom Tech Support Center Nursing Home

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

1,846
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
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Separate residential spaces offer flexible occupancy options with shared laundry access and a long driveway serving the property.
Where is this multifamily property located?
The property is located at 4159 38th St San Diego, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three detached living spaces on a 0.0804‑acre lot; 1,386 square feet with 3 bedrooms, 1.5 bathrooms, and in‑unit laundry in the primary residence; Additional dwellings include 1 bedroom and 1 bathroom each
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