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4526 37th Street

San Diego, CA 92116
  • $1,950,000
  • STATUS: ACTIVE
  • ON SITE: 22 Days
  • ID#: PTP2500278
UPDATED: 83 min ago
$1,950,000
  • 2
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Price Reduced! Please do not walk on property or disturb tenants. Extremely well-maintained 4plex in desirable Normal Heights, 2-blocks South of Adams Ave. ADU potential! Built 1940s, approx. 3,200 SF, (4) 2-bed/1-bath units ~800 SF each. Upper units feature private balconies. Lower units have private patios. Passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. Only 2 current tenants, offering potential for owner-occupant, or additional unit renovations and income at market rates. 6,049 SF lot zoned RM-1-1, well-maintained landscaping w/ drip irrigation system. (5) off-street parking off rear alley. Likely room in rear of lot to add 1 or more ADUs. Prime Normal Heights location w/ easy access to local amenities and transportation. Price Reduced! Please do not walk on property or disturb tenants. Extremely well-maintained 4plex in desirable Normal Heights, 2-blocks South of Adams Ave. ADU potential! Built 1940s, approx. 3,200 SF, (4) 2-bed/1-bath units ~800 SF each. Upper units feature private balconies. Lower units have private patios. Passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. Only 2 current tenants, offering potential for owner-occupant, or additional unit renovations and income at market rates. 6,049 SF lot zoned RM-1-1, well-maintained landscaping w/ drip irrigation system. (5) off-street parking off rear alley. Likely room in rear of lot to add 1 or more ADUs. Prime Normal Heights location w/ easy access to local amenities and transportation.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/161061192
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4526 37th Street San Diego, CA 92116

  • Price: $1,950,000
  • Status: ACTIVE
  • On Site: 22 Days
  • Updated: 83 min ago
  • ID#: PTP2500278
2
Beds
0
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Normal Heights
County:
San Diego
Area:
Normal Heights (92116)
Property Description
Price Reduced! Please do not walk on property or disturb tenants. Extremely well-maintained 4plex in desirable Normal Heights, 2-blocks South of Adams Ave. ADU potential! Built 1940s, approx. 3,200 SF, (4) 2-bed/1-bath units ~800 SF each. Upper units feature private balconies. Lower units have private patios. Passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. Only 2 current tenants, offering potential for owner-occupant, or additional unit renovations and income at market rates. 6,049 SF lot zoned RM-1-1, well-maintained landscaping w/ drip irrigation system. (5) off-street parking off rear alley. Likely room in rear of lot to add 1 or more ADUs. Prime Normal Heights location w/ easy access to local amenities and transportation. Price Reduced! Please do not walk on property or disturb tenants. Extremely well-maintained 4plex in desirable Normal Heights, 2-blocks South of Adams Ave. ADU potential! Built 1940s, approx. 3,200 SF, (4) 2-bed/1-bath units ~800 SF each. Upper units feature private balconies. Lower units have private patios. Passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. Only 2 current tenants, offering potential for owner-occupant, or additional unit renovations and income at market rates. 6,049 SF lot zoned RM-1-1, well-maintained landscaping w/ drip irrigation system. (5) off-street parking off rear alley. Likely room in rear of lot to add 1 or more ADUs. Prime Normal Heights location w/ easy access to local amenities and transportation.
Exterior Features

Irrigation Drip Pool N/K Site CurbsSidewalks Topography Level

Interior Features

Total Baths Unit1 1

Property Features

Actual Cap Rate 4.61 Annual Expense Actual 34877 Assessments N/K Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 128628 Home Owners Fees 0.0 Terms CashConventionalExchangeFHAVA Unit Number For Unit1 1 Unit1 Rent Actual 2680.0 Zoning Estimated

San Diego MLS logo Listing provided courtesy of Max Delbecq of Top Gun CRE: 858-333-7701. Listing information © 2025 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037