3968 Alabama Street San Diego, CA ^$ 3,300,000

3968 Alabama Street

^$ 3,300,000

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3968 Alabama Street

San Diego, CA, 92104

^$ 3,300,000

Bedrooms8 Baths8.0 Sq 4,000

Monthly Estimate*

^$ 20,319

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Multi-Family Home for sale in San Diego, CA

for $3,300,000 with 8 bedrooms and 8 full baths. This 4,000 square foot home was built on a lot size of 0.160698.

This is a unique opportunity to own eight extensively renovated 500sf 1 Bed 1 Bath units in the premier North Park neighborhood of San Diego CA. Units are fully appointed with in-unit washer dryer, 2 zone mini-split ac units, vinyl plank floors, recessed lighting, ceiling fans, modern kitchen and bathroom finishes. Tenants enjoy Private balcony/patio space and dedicated onsite parking for each unit. The site is gated with a code lock. The building is all electric and has upgraded electrical subpanels. The building was constructed in 1977 and Renovated in 2020. Lot size is 6,974. Improved Space: 3,906 per title. Site offers desirable high density RM-3-9 Zoning (allows 1 dwelling per 600sf) which could open construction opportunity in the rear lot space. Up to 100% density bonus is allowed with deed-restricted units. Site is within Complete Communities FAR Tier 3 (6.5 FAR) and within Mobility Zone 2. These favorable zoning designations allow for increased density, waivers for development impact fees, and reduced parking requirements. This is an opportunity to entitle functional space while maintaining units for cash-flow.

Multi-Family Pending

Price

^$ 3,300,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Lot Size

0.160698

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260002705

Features

General

Heating Wall

Cooling Wall/Window

Roof Tar & Gravel

Zoning RM-3-9

Construction Materials Metal Fence

Year Built 0

Stories Count 2

Levels 2 Story

Property Subtype Com-Res Income

County San Diego

Operating Expense 38752.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Full Baths 8

Status PENDING

City San Diego

Senior Community Y/N N

Number Of Units Total 8

MLS Area Metro Uptown

Lot Size Units Acres

Lot Size Square Feet 7000.0

Property Attached Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/snd/260002705

Building Area Units Sqft

Living Area Units Sqft

Standard Status Pending

Total Actual Rent 18830.0

Cap Rate 4.5

Freehold IDX

Interior

Flooring Slab

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Laundry Features Owned

Total Bedrooms 8

Total Baths 1

Exterior

Parking Features Spaces

Total Parking 8.0

Lot Size Area 0.16

Number of Buildings 1

Building Area Total 4000.0

Lot Dimensions 50X140

Waterfront Y/N N

* Excluded Features

List By

Aziz Zakkout

Listing Agent

Zakkout Real Estate Services

Broker

(858) 859-9737

Phone

Affordability Calculator

$20,319

Per Month

Monthly Principal & Interest: $20,319
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,170,288

Percent of Sale Price 34%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/4/2026	$3,300,000		Listed Price

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3968 Alabama Street, San Diego, CA, 92104 is a Multi-Family Home for sale at $3,300,000 with 4,000 sqft and a lot size of 0.160698. 3968 Alabama Street has 8 bedrooms and 8.0 baths. The property's zip code is 92104 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 4/9/2026.

CA BRE #019180026.

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3968 Alabama Street

Multi-Family Home for sale in San Diego, CA

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