3448-50 Cherokee San Diego, CA ^$ 1,627,450

3448-50 Cherokee

^$ 1,627,450

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Recently Listed

3448-50 Cherokee

San Diego, CA, 92104

^$ 1,627,450

Bedrooms9 Baths5.0

Monthly Estimate*

^$ 10,276

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Multi-Family Home for sale in San Diego, CA

for $1,627,450 with 9 bedrooms and 5 full baths. This home was built in 1937 on a lot size of 0.161341.

Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

Multi-Family Active

Price

^$ 1,627,450

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.161341

Year Built

1937

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260021656

Features

General

Heating Zoned Areas Forced Air Unit

Cooling Zoned Area(s)

Utilities Sewer Connected

Roof Composition

Zoning R-2:MINOR

Security Features Other/Remarks

Construction Materials Stucco Wood/Stucco

Year Built 1937

Tenant Pays Sewer Water Cable TV Electricity Gardener Gas/Propane Hot Water

Levels 1 Story

Property Subtype Res Income 2-4 Units

Building Name Cherokee Point

County San Diego

Operating Expense 23500.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name NORTH PARK

Full Baths 5

Status ACTIVE

Directions GPS

City San Diego

Senior Community Y/N N

Number Of Units Total 3

MLS Area Metro Uptown

Lot Size Units Acres

Lot Size Square Feet 7028.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 5.2

Freehold IDX

Exterior

Fencing Full

Lot Size Area 0.16

Number of Buildings 2

Building Area Total 3981.0

Waterfront Y/N N

Interior

Total Stories 1

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 9

Total Baths 5

* Excluded Features

List By

Brian Jackel

Listing Agent

Michael Stowers

Broker

(619) 888-1916

Phone

Affordability Calculator

$10,276

Per Month

Monthly Principal & Interest: $10,276
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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 ^$2,185,645

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
9/3/2026	$1,627,450		Listed Price

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3448-50 Cherokee, San Diego, CA, 92104 is a Multi-Family Home for sale at $1,627,450 with a lot size of 0.161341. 3448-50 Cherokee has 9 bedrooms, 5.0 baths, and was built in 1937. 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 6.49% 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 9/4/2026.

CA BRE #019180026.

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3448-50 Cherokee

Multi-Family Home for sale in San Diego, CA

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