3871-75 37th St - 3871-75 37th St
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3871-75 37th St - 3871-75 37th St
3 Unit Apartment Building Offered at £1,182,711 in San Diego, CA 92105
Investment Highlights
- Fully remodeled and turnkey units
- 3 separate structures
- 3 onsite parking spots
Executive Summary
Discover a rare opportunity with this fully remodeled, turnkey triplex, offering three separate, standalone units—a unique setup that ensures privacy and appeal for residents. Each unit boasts a modern interior with marble kitchen countertops, brand-new appliances, and open, airy floor plans. The front house includes both a finished basement and an attic, adding versatile space options. With four onsite parking spaces, this property is ideally located near the vibrant communities of North Park and Normal Heights, combining contemporary living with prime access to popular spots. A fantastic choice for investors or owner-occupiers!
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£81,993
|
£34.95
|
| Other Income |
-
|
-
|
| Vacancy Loss |
£4,100
|
£1.75
|
| Effective Gross Income |
£77,893
|
£33.20
|
| Taxes |
£14,784
|
£6.30
|
| Operating Expenses |
£10,891
|
£4.64
|
| Total Expenses |
£25,675
|
£10.94
|
| Net Operating Income |
£52,218
|
£22.26
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £81,993 |
| Annual Per SF | £34.95 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | £4,100 |
| Annual Per SF | £1.75 |
| Effective Gross Income | |
|---|---|
| Annual | £77,893 |
| Annual Per SF | £33.20 |
| Taxes | |
|---|---|
| Annual | £14,784 |
| Annual Per SF | £6.30 |
| Operating Expenses | |
|---|---|
| Annual | £10,891 |
| Annual Per SF | £4.64 |
| Total Expenses | |
|---|---|
| Annual | £25,675 |
| Annual Per SF | £10.94 |
| Net Operating Income | |
|---|---|
| Annual | £52,218 |
| Annual Per SF | £22.26 |
Property Facts
| Price | £1,182,711 | Building Class | B |
| Price Per Unit | £394,237 | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 2,346 SF |
| No. Units | 3 | Number of Floors | 1 |
| Property Type | Residential | Year Built/Renovated | 1950/2024 |
| Apartment Style | Single Family Home | Opportunity Zone |
Yes
|
| Price | £1,182,711 |
| Price Per Unit | £394,237 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Residential |
| Apartment Style | Single Family Home |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 2,346 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1950/2024 |
| Opportunity Zone |
Yes |
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 3+2 | 1 | £2,600 | - |
| 2+1 | 2 | £1,811 | - |
1 of 1
Walk Score ®
Walker's Paradise (90)
zoning
| Zoning Code | CC-5-4 (Commercial-Community which accommodates commercial, retail and light industrial uses.) |
| CC-5-4 (Commercial-Community which accommodates commercial, retail and light industrial uses.) |
-
Jason Lee -
Dylan Ackley -
JLM Real Estate Inc.
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3871-75 37th St - 3871-75 37th St
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