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4041 4045 38th Street San Diego, CA $ 1,475,000
4041 4045 38th Street
$ 1,475,000
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4041 4045 38th Street

San Diego, CA, 92105
$ 1,475,000
Baths1.0

Monthly Estimate*

$ 9,202

Listed by Millennial Realty Group
View a Virtual Tour
Studio

Multi-Family Home for sale in San Diego, CA

for $1,475,000 with 1 full bath. This home was built in 1926.

Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete with gated parking for up to 3 vehicles. All units have been meticulously updated with new roofs, cabinets, counters, bathrooms, appliances, plumbing, HVAC systems, and three tankless water heaters. The property also features fresh landscaping, new interior/exterior doors, updated driveways, and beautifully refinished flooring. An onsite laundry building with two stacked units adds convenience for tenants. With close proximity to the 15 and 805 freeways, walking distance to trendy eateries along University Avenue, and easy access to public transportation, this location is ideal for long-term tenants, traveling nurses, or Airbnb guests. The fenced private yard is perfect for children or pets, making this a versatile and desirable rental opportunity. Whether you're looking for a solid long-term investment or a property with strong Airbnb potential (Airbnb analysis available), this 3-unit masterpiece checks all the boxes. Don't miss out on this rare opportunity!

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Multi-Family Pending

Price

$ 1,475,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1926

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

240024780SD

Days on Market

427

Features
General
Heating Electric
Cooling Central Air
Possession Close Of Escrow
Roof Composition
Appliances Tankless Water Heater
HOA Fee 0
Pool Features None
Security Features Gated Community
Year Built 1926
Tenant Pays Cable TV Electricity Gas
Stories Count 1
Levels One
Community Features Gated
County San Diego
Net Operating Income 0
Property Type Residential Income
Subdivision Name Normal Heights
Status Pending
Directions CrossStreet: University
City San Diego
Disclosures Incorporated
Senior Community Y/N 0
Number Of Units Total 3
MLS Area 92105 - East San Diego
Listing Terms Cash Conventional Cal Vet Loan FHA VA Loan
Spa Features None
Virtual Tour https://projects.truvueproductions.com/sites/venaerk/unbranded
Standard Status Pending
Cap Rate 0
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Interior
Total Stories 1
Air Conditioning Y/N 1
Heating Y/N 1
Total Baths 0
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Exterior
Lot Features Sprinkler System
Total Parking 0
Park Name Normal Heights
Number of Buildings 3
Spa 1
Private Pool 0
Lot Size Source Assessor
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* Excluded Features
List By
Millennial Realty Group

Broker

brian@mrenow.com

Email

Affordability Calculator

$9,202
Per Month
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0%
Monthly Principal & Interest
$9,202
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,475,000 Listed Price

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4041 4045 38th Street, San Diego, CA, 92105 is a Multi-Family Home for sale at $1,475,000. 4041 4045 38th Street is a studio with 1.0 baths and was built in 1926. The property's zip code is 92105 which is in San Diego, CA