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Welcome to 3812-14 36th Street, a unique three-unit multi-family property nestled in the vibrant Cherokee Point neighborhood of San Diego. This 2,405-square-foot property, on a sprawling 6,988 square foot lot, comprises three distinct units: Unit 1: Three bedrooms and two and a half bathrooms. Unit 2: Two bedrooms and one bathroom. Unit 3: One bedroom, one bathroom and downstairs 2 car garage. Two units are in the front building, both recently upgraded and rented, they both have laundry in units. The third (one-bedroom) unit in the back building, situated above the garage, offers excellent potential for value-add improvements and higher rent. The opportunity to convert the existing garage into a 1-bedroom unit or expand the property further, increasing rental income potential and maximizing investment returns. Each unit offers comfortable living spaces, ideal for tenants seeking the perfect blend of urban convenience and residential tranquility. Two garages plus four driveway parking spots provide ample space for residents and guests. Private gated yards offer a secure area for relaxation or recreation for two of the units. Generous 3 areas accommodate tenants' needs. Washer and dryer hookups are available, enhancing tenant convenience. The property's prime location also affords easy access to some of San Diego's most iconic destinations. Convenient access to Interstates 805 and 15 facilitates commuting throughout the area. North Park, Balboa Park, downtown San Diego, San Diego State University, and Mission Valley are all within a 5-15 minute drive, ensuring your tenants are never far from the urban excitement and conveniences that define San Diego living. This property presents an excellent investment opportunity, with the current rental income across its three units and plus possibility to convert the existing garage into an additional 1-bedroom unit to increase the rental income. Whether you're an investor looking to expand your portfolio or a homeowner interested in additional income streams, 3812-14 36th Street offers exceptional versatility and potential in a highly desirable San Diego neighborhood.
Property Type(s):
Residential Income
| Last Updated | 3/11/2025 | Year Built | 1941 |
|---|---|---|---|
| Community | San Diego | Garage Spaces | 2.0 |
| County | San Diego |
Additional Details
| AREA | San Diego |
|---|---|
| GARAGE | Yes |
| HOA DUES | 0 |
| LOT | 6988 sq ft |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| ZONING | R-3:RESTRICTED MULTIPLE |
Location
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Listed with Douglas Elliman of California
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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