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Sold for $1,300,000
  • Listed by: Commercial Asset Advisors • Maxwell Brown • Contact: mbrown@caacre.com
    Bought with: Real Broker
    $1,300,000

    3867-71 Menlo Ave, San Diego, CA 92105

    5beds
    4baths
    3,000sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $1,311,900 Zestimate®
    $433/sqft
    $2,216 Estimated rent

    Home value

    $1,311,900

    $1.21M - $1.43M

    $2,216/mo

    Zestimate® history
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    $8,272/mo

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    What's special

    Community laundry roomOff-street parking spaces
    3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Maxwell Brown DRE #02127395 mbrown@caacre.com,

    Commercial Asset Advisors

    Bought with:

    Ryan Sun, DRE #02208159

    Real Broker

    Source: CRMLS,MLS#: PTP2503727MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: Assigned
    Features
    • Entry location: Street
    • Pool features: None
    Lot
    • Size: 5,863 Square Feet
    • Features: 26-30 Units/Acre
    Details
    • Parcel number: 4715910500
    • Zoning: RM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $433/sqft
    • Date on market: 5/21/2025
    • Listing terms: Conventional,Fannie Mae

    Price history

    DateEventPrice
    9/11/2025Sold$1,300,000-6.4%$433/sqft
    Source: CRMLS #PTP2503727 Report a problem
    8/26/2025Pending sale$1,389,500$463/sqft
    Source: CRMLS #PTP2503727 Report a problem
    8/12/2025Price change$1,389,5000%$463/sqft
    Source: CRMLS #PTP2503727 Report a problem
    6/11/2025Price change$1,390,000-0.4%$463/sqft
    Source: CRMLS #PTP2503727 Report a problem
    5/21/2025Listed for sale$1,395,000$465/sqft
    Source: CRMLS #PTP2503727 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Fairmount Village

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,311,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,311,900