Fully occupied duplex in the heart of North Park delivering $6,180/month ($74,160/yr) in gross rental income. Unit 1: 1BR/1BA | 574 SF | $2,660/mo. Unit 2: 2BR/1BA | 945 SF | $3,520/mo. Both units were thoughtfully renovated in 2023 with updated appliances and fresh finishes throughout, move-in ready for an owner/user or a turnkey hold for the investor who wants stable income from day one. For the value-add buyer, the 2023 renovation provides a clean, well-maintained canvas with clear runway to elevate finishes to a premium tier and push rents meaningfully higher in a submarket that consistently rewards quality. North Park boasts a WalkScore of 97, 60+ restaurants and bars, 20+ craft breweries, and sits within 15 minutes of 450,000+ jobs. Tenant demand here is structural and durable. Beyond the income, this parcel is one half of a permit-approved assemblage for an 8-story, 70-unit multifamily development by Ehrlich Yanai Rhee Chaney Architects with entitlement risk already eliminated. Combined with adjacent Parcel B, the 0.26-acre site is shovel-ready. Both parcels must be acquired together to complete the development. Architectural plans and permits for the 70-unit development are available. Inquire with agent for details and pricing.
- Heating System:
- Wall/Gravity
- Cooling System:
- Other/Remarks
- Fence:
- Other/Remarks
- Utilities:
- Sewer Connected
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- NORTH PARK
- Zipcode:
- 92104
- Street:
- Utah
- Street Number:
- 3933-3935
- Longitude:
- W118° 52' 4''
- Latitude:
- N32° 44' 57.1''
- Directions:
- University to Utah St, head north.
- Mls Area Major:
- Metro Uptown
- Zoning:
- COMMERCIAL
- Office Name:
- Century 21 Affiliated
- Agent Name:
- Ken Schwartz
- Building Size:
- 1519
- Construction Materials:
- Wood
- Levels:
- 1 Story
- Number Of Units Total:
- 2
- On Market Date:
- 2026-06-18
- Stories Total:
- 1
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260008133
- Water Source:
- Meter on Property
- List Agent Mls Id:
- 654675
- List Office Mls Id:
- 992402
- Listing Term:
- Cash,Conventional,FHA,VA
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-06-18T15:16:22Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
3933-3935 Utah, San Diego, CA 92104
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260014757
- Price :
- $1,250,000
- Bedrooms :
- 3
- Bathrooms :
- 2
- Year Built :
- 1922
- Status :
- Active
- Full Bathrooms :
- 2
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Composition
