3831 41st St - Apartments FOR SALE


San Diego, CA 92105- Castle
$950,000 USD
858-761-2529
3831 41st St, San Diego, CA for Sale
$950,000 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

3831 41st St
San Diego, CA 92105
Castle


HIGHLIGHTS

  • Large 6,746 SF (.15-Acre) Lot offering future development and expansion potential
  • Value-Add Opportunity with the ability to enhance operations and explore additional unit opportunities
  • Desirable Large Floorplans featuring two spacious three-bedroom residences appealing to families and long-term renters
  • Central City Heights Location with convenient access to Downtown San Diego, major freeways, public transportation, shopping, and dining
  • Strong Rental Demand Submarket supported by urban connectivity, neighborhood amenities, and continued area growth

OVERVIEW

We are pleased to present 3831–33 N 41st Street, a well-located 2-unit multifamily property situated in the City Heights neighborhood of San Diego, CA. Positioned on an approximately 6,746 square foot (.15-acre) lot, the property consists of two spacious three-bedroom residences totaling approximately 1,776 rentable square feet, with each unit measuring approximately 888 square feet. The property features two three-bedroom units, including one three-bedroom/two-bathroom residence and one three-bedroom/one-and-a-half-bathroom residence, offering highly functional floorplans with strong appeal to families, roommates, and long-term renters. Located in the heart of City Heights, the property benefits from convenient access to major transportation corridors, neighborhood retail, restaurants, schools, parks, and public transit. The central San Diego location provides residents with seamless connectivity to Downtown San Diego and surrounding employment hubs, supporting consistent rental demand in one of the city’s most established urban neighborhoods. 3831–33 N 41st Street presents a compelling value-add investment opportunity with the potential for future expansion and additional unit development. The oversized lot configuration and favorable location create the opportunity for investors to unlock additional value through strategic improvements and increased density potential, making the property well-positioned for long-term growth and appreciation.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$535 USD /SF

# OF UNITS

2

PRICE/UNIT

$475,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3831 N 41st Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

454-773-08

ASK ABOUT THIS PROPERTY

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.