Listing Agency: South Coast Commercial

Listed By: Jeff Diller · License #CA 01959483 Show Phone

Source: Crexi

Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 4:55PM

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Investment Insights

Based on property information with market context.

This multifamily property includes six condo-grade units at 4337-39 38th St in San Diego, California. The offering is presented as a residential income asset with a pro forma 5% cap rate based on completing no further renovations.

The property is located in the 92105 ZIP code. The source information also identifies potential for ADU construction, although no additional entitlement or development details are provided.

Key Highlights

• Six condo‑grade multifamily units
• Pro forma 5% cap rate without further renovations
• 4337‑39 38th St, San Diego, CA 92105

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm HVAC Service Parking Lot & Garage Electrical Service Kitchen & Bath Showroom 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

6

Residential units

Location Intelligence

Trade Area within ½ mile

2,313

Businesses Nearby

Explore this area Business Placement

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Multifamily property - Residential income property comprising condo-grade units in San Diego.

Where is this multifamily property located?

The property is located at 4337-39 38th St San Diego, CA.

What are key features of this property?

This property features: Six condo‑grade multifamily units; Pro forma 5% cap rate without further renovations; 4337‑39 38th St, San Diego, CA 92105