3870 37th St, San Diego, CA 92105 - Berkshire Hathaway HomeServices California Properties
Phone949-212-2023
Email MeEmail Me
Menu

3870 37th St, San Diego, CA 92105

$2,650,000 Approx. USD 0 beds, 0 baths
4,384 sqft

  VIRTUAL TOUR
Save My Notes
Share

Listing Agent


Brietta R Klein
Lic#: 02195097
Broker: Courtesy of Real Broker

Agent Remarks

Turnkey 6-Unit Investment with Immediate Equity & Strong Cash Flow Potential. For investors seeking a strategic 1031 exchange or a high-demand, long-term buy-and-hold asset, this six-unit portfolio delivers immediate value. Priced at $2.65M, buyers step into built-in equity, with the units’ full market valuation closer to $2.9M—creating an instant advantage in today’s market. This offering includes six of eight total units in a well-maintained condo building. All units are currently tenant-occupied with month-to-month leases, providing flexibility for repositioning or seamless continuity of income. The property has historically low vacancy rates, reflecting strong rental demand in this sought-after, freeway-accessible yet quiet location. Unit Mix & Features: (2) 2BD/2BA (2) 2BD/1BA (2) 1BD/1BA Garages: Each 2-bedroom unit includes a private 1-car garage Shared Amenities: On-site laundry room, new common water heater. Recent Capital Improvements: New roof – reducing future CapEx Exterior fully renovated – Fresh paint, new doors, new fencing, repaired stucco, balconies, and facia - minimal deferred maintenance. Interiors are in solid condition, offering a low-maintenance investment with room for value appreciation. With a strong rent roll close to market rates, no major repositioning is required—yet there’s flexibility to optimize returns over time. Cash, nonQM, or hard money financing only. Investors looking for a turnkey asset with built-in equity and stable cash flow—this is it. Contact for full financials and details.

Listing Details

Property type: Com-Res Income (Multi-family)
Status: ACTIVE
MLS# 250020775
Price: $2,650,000
Beds: 0
Baths: 0
4,384 sqft
County: San Diego
Construction: Other/Remarks
Exterior features: Community Facilities,Part Fenced,Wood Fence
Parking description: Garages,Spaces,Other/Remarks
Amenities: None
Heating description: Central Forced Air Elec
MLS area: EAST SAN DIEGO (92105)

Last Updated: 3/26/2025

 Days On Market (DOM): 63

 Find more San Diego homes and real estate

 Find more homes in 92105 zip code

This listing belongs to the EAST SAN DIEGO (92105) MLS area

Lat/Long: 32.749138, -117.113509.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

92105 Area Map

Demographics

Schools

Near by

Similar Listings

Photo of Jimmy Harmantzis

Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com
Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692