3544 3548 Del Rey Street San Diego, CA ^$ 3,500,000

3544 3548 Del Rey Street

^$ 3,500,000

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Recently Listed

3544 3548 Del Rey Street

San Diego, CA, 92109

^$ 3,500,000

Bedrooms-- Baths6.0 Sq 4,294

Monthly Estimate*

^$ 24,174

Listed by Reese Nickell, Freedom Realty, reeseknickell@gmail.com

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Multi-Family Home for sale in San Diego, CA

for $3,500,000 with 6 full baths. This 4,294 square foot home was built in 1958 on a lot size of 0.133.

$269,000/door Pacific Beach! Fully renovated in 2022, this 13-unit multifamily asset offers a well-balanced unit mix of four studios, three 2-bed/1-bath units, and six 1-bed/1-bath units. The property is ideally positioned for both residents and investors, with quick freeway access for an easy commute anywhere in San Diego, while sitting just a few blocks from Mission Bay Golf Course and the shores of the bay — a rare combination of everyday convenience and lifestyle appeal. Ample on-site parking adds further value for tenants. With renovations already completed, strong location fundamentals, and parking that's increasingly hard to find in the area, this offering presents a turnkey opportunity with minimal deferred maintenance and enduring tenant demand.

Multi-Family Active

Price

^$ 3,500,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.133

Year Built

1958

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2607497

Days on Market

Features

General

Sewer Public Sewer

Zoning Commercial

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1958

Gross Income 298643

Community Features Golf Park

County San Diego

Net Operating Income 172486

Operating Expense 126157

Insurance Expense 800

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions GPS

City San Diego

Entry Location Front and back

Senior Community Y/N false

Open Parking Spaces 12

Number Of Units Total 13

MLS Area 92109 - Pacific Beach

Lot Size Units Square Feet

Lot Size Square Feet 5795

Listing Terms Cash 1031 Exchange Submit

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 17514

Fuel Expense 0

Trash Expense 6800

Water Sewer Expense 5985

Rent Control Y/N false

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607017

Standard Status Active

Tax Lot 08001

Taxes 43688

Cap Rate 4.93

Interior

Total Stories 2

Common Walls No Common Walls

Air Conditioning Y/N false

Heating Y/N false

Fireplace Y/N false

Laundry Features Common Area

Entry Level 1

Total Baths 0

Exterior

Parking Features One Space

Lot Features 0-1 Unit/Acre

Total Parking 12

Lot Size Area 5795

Number of Buildings 2

Spa false

Building Area Total 4294

Lot Size Acres 0.133

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 1

* Excluded Features

List By

Reese Nickell

Listing Agent

Freedom Realty

Broker

reeseknickell@gmail.com

Affordability Calculator

$24,174

Per Month

Monthly Principal & Interest: $24,174
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,179,418

Percent of Sale Price 38%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/5/2026	$3,500,000		Listed Price

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3544 3548 Del Rey Street, San Diego, CA, 92109 is a Multi-Family Home for sale at $3,500,000 with 4,294 sqft and a lot size of 0.133. 3544 3548 Del Rey Street has 6.0 baths and was built in 1958. The property's zip code is 92109 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/22/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3544 3548 Del Rey Street

Multi-Family Home for sale in San Diego, CA

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