3957 Cottonwood St - Multi-Family FOR SALE


San Diego, CA 92113- Shelltown
$1,450,000 USD
858-336-9688
3957 Cottonwood St, San Diego, CA for Sale
$1,450,000 USD
Multi-Family - FOR SALE
1/13
null | 6.51% Cap Rate

3957 Cottonwood St
San Diego, CA 92113
Shelltown


HIGHLIGHTS

  • All 4 units have been fully renovated as of 2024
  • Direct access to I-5 and I-805 for seamless connectivity throughout San Diego County
  • Located just minutes from Downtown San Diego
  • Stabilized with strong in-place income with room for future growth
  • More modernized and higher end finishes compared to most rental units in the area
  • Large 720 sqft units

OVERVIEW

3957 Cottonwood St is a fully renovated 4-unit property located in the rapidly evolving Shelltown neighborhood of San Diego. Each unit is a spacious 2-bedroom, 1-bathroom layout featuring upgraded kitchens, modern bathrooms, new flooring, and updated plumbing and electrical systems. The exterior has also been improved, offering strong curb appeal and minimal ongoing maintenance. The property is stabilized with in-place income and a reliable tenant base, but still offers significant upside in rental potential. As leases roll over, new ownership has the opportunity to bring rents closer to market while holding a clean, low-maintenance asset in a neighborhood that continues to see strong growth. Recent sales in the area reflect strong demand for turnkey 2-bed/1-bath product, but Cottonwood stands out for its higher-end finishes and more complete renovation scope compared to nearby properties. Located just minutes from National City, Downtown, and major freeways, 3957 Cottonwood is a rare opportunity to own a fully improved, cash-flowing fourplex in one of San Diego’s most promising submarkets.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$503 USD /SF

# OF UNITS

4

PRICE/UNIT

$362,500

CAP RATE

6.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3957-61 Cottonwood St

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

5

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-1-1

APN/PARCEL ID

551-530-13,551-530-13-00

ASK ABOUT THIS PROPERTY

Jason LeeNara AdvisorsMore Info
858-336-9688

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Jason LeeNara AdvisorsMore Info
858-336-9688

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