Excellent opportunity to acquire a well-maintained 9-unit multifamily property in a convenient central San Diego location. The property features an attractive unit mix consisting of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, offering strong appeal to a broad tenant base. Residents enjoy secure entrances, onsite coin-operated laundry, and ample off-street parking with four garages plus five additional open parking spaces. Recent improvements include newly installed tankless water heaters, helping enhance efficiency and reduce future maintenance concerns. Centrally located with convenient access to major freeways, public transportation, shopping, dining, employment centers, and other neighborhood amenities. The property's combination of unit mix, parking, secure access, and central location makes it a compelling opportunity for investors seeking a multifamily asset in the San Diego market. Excellent addition to an investment portfolio with long-term income and appreciation potential.
Pending
Listed by: Real Broker • Mike Shenkman • mike@coastlinesandiego.com
Price cut: $100K (9/30)
$2,100,000
3837 39th St, San Diego, CA 92105
12beds
9baths
6,052sqft
Multi Family
Built in 1970
-- sqft lot
$1,987,700 Zestimate®
$347/sqft
$-- HOA
What's special
- 80 days
- 80
- 6
Zillow last checked:
Listing updated:
Listed by:
Mike Shenkman DRE #01460198 mike@coastlinesandiego.com,
Real Broker
Source: CRMLS,MLS#: PTP2606289
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 9
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 6,052
- Total interior livable area: 6,052 sqft
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Garage
- Garage spaces: 4
- Uncovered spaces: 5
Features
- Entry location: Ground
- Pool features: None
Lot
- Size: 0 Square Feet
- Features: 6-10 Units/Acre, Value In Land, Walkstreet
Details
- Parcel number: 4474910700
- Zoning: R-3:RESTRICTED MULTIPLE
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1970
Community & HOA
Community
- Features: Storm Drain(s), Street Lights, Suburban, Sidewalks
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $347/sqft
- Date on market: 8/17/2026
- Cumulative days on market: 81 days
- Listing terms: Cash,Cash to New Loan,Conventional,Fannie Mae,Freddie Mac,Government Loan
- Total actual rent: 13890
Estimated market value
$1,987,700
$1.89M - $2.09M
$2,828/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/3/2026 | Pending sale | $2,100,000$347/sqft |
Source: | ||
| 9/30/2026 | Price change | $2,100,000-4.5%$347/sqft |
Source: | ||
| 8/17/2026 | Listed for sale | $2,200,000$364/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Cherokee Point
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