Introducing a fully renovated 3-unit gem in the heart of Cherokee Point, perfectly positioned between North Park and Normal Heights! This exceptional property features three detached units, each boasting modern upgrades and incredible investment potential. The front house is a spacious 1,100 sq. ft., 3-bedroom, 2-bath beauty. The middle unit offers a comfortable 600 sq. ft. with 2 bedrooms and 1 bath, while the back unit is a charming 650 sq. ft., 2-bedroom, 1-bath retreat with alley access, complete with gated parking for up to 3 vehicles. All units have been meticulously updated with new roofs, cabinets, counters, bathrooms, appliances, plumbing, HVAC systems, and three tankless water heaters. The property also features fresh landscaping, new interior/exterior doors, updated driveways, and beautifully refinished flooring. An onsite laundry building with two stacked units adds convenience for tenants. With close proximity to the 15 and 805 freeways, walking distance to trendy eateries along University Avenue, and easy access to public transportation, this location is ideal for long-term tenants, traveling nurses, or Airbnb guests. The fenced private yard is perfect for children or pets, making this a versatile and desirable rental opportunity. Whether you're looking for a solid long-term investment or a property with strong Airbnb potential (Airbnb analysis available), this 3-unit masterpiece checks all the boxes. Don't miss out on this rare opportunity!null
Pending
$1,475,000
4041-4045 38th St, San Diego, CA 92105
7beds
4baths
--sqft
Est.:
Multi Family
Built in 1926
-- sqft lot
$1,448,500 Zestimate®
$--/sqft
$-- HOA
What's special
Fenced private yardBeautifully refinished flooringNew roofsFresh landscapingAlley accessUpdated drivewaysTankless water heaters
- 271 days
- on Zillow |
- 26 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: December 02, 2024 at 12:47pm
Listed by:
Brian W Duarte DRE #01468181 619-759-1182,
Millennial Realty Group
Source: SDMLS,MLS#: 240024780
Originating MLS: San Diego Association of REALTOR

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Cooling
- Central Forced Air
Features
- Number of fireplaces: 4
Interior area
- Total structure area: 2,350
Video & virtual tour
Property
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Full,Gate
Details
- Parcel number: 4474220900
- Special conditions: N/K
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1926
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Gated Community, Laundry Facilities
- Security: Gated Community
- Subdivision: NORMAL HEIGHTS
Location
- Region: San Diego
Financial & listing details
- Date on market: 10/18/2024
- Listing terms: Cal Vet,Cash,Conventional,FHA,VA
- Tenant pays: Cable TV, Electricity, Gas/Propane
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