Well-located, 2/3rd occupied triplex in the heart of North Park, one of San Diego’s most vibrant and high-demand rental markets. 3572–74 Nile Street presents a compelling investment opportunity with immediate income and additional upside potential. The property features three fully upgraded units with functional layouts, ample natural light, with mini-split heating and cooling, and private living spaces that continue to attract and retain tenants. Current occupancy provides stable, in-place cash flow from day one, making this an ideal turnkey investment. Situated on a desirable residential street, the asset offers a blend of neighborhood charm and walkable access to North Park’s renowned dining, coffee shops, and nightlife. With limited inventory in this vibrant submarket and continued rental demand, Nile Street stands out as a strategic acquisition for investors seeking both stability and growth.
For sale
$1,799,999
3572-74 Nile St, San Diego, CA 92104
4beds
--sqft
:
Get pre-qualified$11,979/mo
Multi Family
Built in 1931
-- sqft lot
$1,740,700 Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsAmple natural lightDesirable residential streetFully upgraded unitsMini-split heating and coolingPrivate living spaces
- 80 days |
- 213 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Ben Lucas DRE #02056740 619-929-1556,
Compass
Source: SDMLS,MLS#: 260011355
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- Zoned Area(s)
Interior area
- Total structure area: 2,200
Video & virtual tour
Property
Features
- Levels: 1 Story
- Fencing: Partial
Lot
- Size: 5,394 Square Feet
- Dimensions: 5394
Details
- Parcel number: 4537542800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Rolled/Hot Mop
Condition
- Year built: 1931
Community & HOA
Community
- Security: N/K
- Subdivision: NORTH PARK
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,612,620
- Annual tax amount: $20,812
- Date on market: 5/11/2026
- Listing terms: Cash,Conventional,Exchange
- Tenant pays: Electricity, Gardener, Water
Estimated market value
$1,740,700
$1.65M - $1.83M
$3,094/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/11/2026 | Listed for sale | $1,799,999+16.1% |
Source:  SDMLS #260011355 Report a problem | ||
| 10/17/2022 | Sold | $1,550,000-3.1% |
Source: SDMLS #220021069 Report a problem | ||
| 9/15/2022 | Pending sale | $1,599,900 |
Source: SDMLS #220021069 Report a problem | ||
| 9/10/2022 | Listed for sale | $1,599,900 |
Source: SDMLS #220021069 Report a problem | ||
| 8/28/2022 | Pending sale | $1,599,900 |
Source: SDMLS #220021069 Report a problem | ||
| 8/13/2022 | Listed for sale | $1,599,900+28% |
Source: SDMLS #220021069 Report a problem | ||
| 5/3/2022 | Sold | $1,250,000 |
Source: SDMLS #220003745 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $20,812 +6.6% | $1,612,620 +2% |
| 2024 | $19,524 +2.4% | $1,581,000 +2% |
| 2023 | $19,070 +442% | $1,550,000 +447.2% |
| 2022 | $3,518 +0.7% | $283,257 +2% |
| 2021 | $3,493 +1.2% | $277,704 +1% |
| 2020 | $3,450 +3.9% | $274,857 +2% |
| 2019 | $3,320 +4.7% | $269,468 +2% |
| 2018 | $3,171 +2.4% | $264,185 +2% |
| 2017 | $3,095 +1.7% | $259,006 +2% |
| 2016 | $3,045 +1.5% | $253,928 +1.5% |
| 2015 | $3,000 +1.6% | $250,115 +2% |
| 2014 | $2,954 | $245,216 +0.5% |
| 2013 | -- | $244,109 +2% |
| 2012 | -- | $239,324 +2% |
| 2011 | -- | $234,632 +0.8% |
| 2010 | -- | $232,879 -0.2% |
| 2009 | -- | $233,433 +2% |
| 2008 | -- | $228,857 +2% |
| 2007 | -- | $224,371 +2% |
| 2006 | -- | $219,973 +2% |
| 2005 | -- | $215,660 +2% |
| 2004 | -- | $211,432 +1.9% |
| 2003 | -- | $207,558 +2% |
| 2002 | -- | $203,489 +2% |
| 2001 | -- | $199,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: North Park
Nearby schools
GreatSchools rating
- 10/10McKinley Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 2.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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