4236 1/2 41st St - Multi-Family FOR SALE


San Diego, CA 92105- Teralta West
$1,050,000 USD
619-226-6011
4236 1/2 41st St, San Diego, CA for Sale
$1,050,000 USD
Multi-Family - FOR SALE
1/29
null | 1% Cap Rate

4236 1/2 41st St
San Diego, CA 92105
Teralta West


HIGHLIGHTS

  • Two Detached 2BR / 1BA Units Rare duplex configuration offering strong tenant privacy and broad appeal to both investors and owner-occupants.
  • Extensive Recent Renovations Front unit upgraded with new roof, siding, insulation, flooring, and fully remodeled kitchen; both units feature updated
  • Private Fenced Outdoor Areas Each unit includes its own small yard, enhancing livability and tenant retention.
  • In-Unit Washer & Dryer Hookups (Front Unit) Desirable amenity that supports higher rents and increased tenant convenience.
  • Three Off-Street Parking Spaces Valuable parking ratio for the submarket, improving tenant demand and functionality.
  • Central City Heights Location Near El Cajon Blvd Strong rental demand area with close proximity to North Park, transit corridors, retail, and major em

OVERVIEW

The property consists of two detached (2 separate houses), both 2-bedroom, 1-bath residential units situated on a centrally located lot in the City Heights neighborhood of San Diego. Each unit features efficient floor plans designed for practical living. The front unit includes in-unit washer and dryer hookups, while both units benefit from updated interiors, including renovated kitchens, modern appliances, and dual-pane windows. The front unit has also been extensively improved with new flooring, siding, roof, and insulation. The houses offer fenced private yard areas for each unit, enhancing tenant appeal. The property also provides three off-street parking spaces, a valuable amenity in this urban submarket. City Heights is a centrally located San Diego neighborhood known for its diverse housing stock, walkability, and proximity to major employment and lifestyle hubs including North Park, Normal Heights, and Downtown San Diego. The area benefits from strong rental demand driven by convenient access to Interstate 15 and Highway 94, as well as nearby retail and dining along El Cajon Boulevard and University Avenue. Need to close AFTER June 24th 2026 --- Do not disturb tenants. --- Buyer to verify all. --- OM will be ready next week.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$793 USD /SF

# OF UNITS

2

PRICE/UNIT

$525,000

CAP RATE

1%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

3

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

454-742-20-00

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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