3313 38th St , San Diego, CA 92105
$1,100,000
Est. Payment: $6,000.17/mo
4 Bed
2 Bath
2028 Sqft
0.17 Acres
Status: Active | Days on site: 9
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11958 - 109465
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House Description

Lee & Associates | North San Diego County | The Von Bluecher Group is pleased to present 38th Street Duplex, a 2-unit multifamily investment opportunity located at 3313-15 38th Street in San Diego, California. Situated on an approximately 7,538 square foot lot, the property consists of one single-story residential building totaling approximately 2,028 square feet and features a unit mix of (2) two-bedroom/one-and-a-half-bath units, each approximately 1,014 square feet. The property offers investors an opportunity to acquire a well-located San Diego duplex with stable in-place income, private yards, substantial parking, and several recent property improvements. Each unit includes a two-car garage, driveway, private yard, laundry hookups, and access to owned solar. The property was tented for termite treatment and received a complete exterior repaint in 2022. In Unit 3313 the following improvements include new appliances, windows, & upgraded A/C system. Both units have received new garage doors for both units. The property currently generates approximately $6,000 in scheduled monthly rental income, providing a strong income base for an investor, owner-user, or multigenerational buyer. The two-unit configuration also offers operational simplicity and flexibility. The property's two-car garages create an attractive opportunity for future upside, with potential to explore ADU conversion or other permitted living space. This added flexibility could support future rental income, extended-family accommodations, or enhanced owner-user functionality. Buyer to verify all zoning, permitting, parking, and conversion requirements. Located in the heart of the City Heights / Colina Del Sol submarket, the property benefits from convenient access to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Balboa Park, and major employment centers throughout the region. The surrounding neighborhood continues to experience strong rental demand driven by its central location, affordability relative to coastal submarkets, and ongoing community reinvestment. With its spacious two-bedroom units, private outdoor areas, two-car garages, driveways, owned solar, and recent improvements, 38th Street Duplex presents an opportunity to acquire a well-located multifamily asset with current income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, utility metering, permits, financial information, rental information, and all other material aspects of the property.

Highlights

Listed by Eric von Bluecher , 760-929-7846 Lee & Associates , 760-929-9700. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.17

Year Built

1978

County

San Diego

Area

92105 - East San Diego

Listing ID

NDP2608619

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2

Exterior Features

Lot:0-1 Unit/Acre,Front Yard,Yard,No Land Lease
Garage Capacity:9
Zoning:R-2
Others:
  • ▪ Additional:2+ Total Units, Has ADU
Sewer:Public Sewer
Principal Interest
$6,000
Taxes
$701

Home Price

$1,100,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$220,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,000.17

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,000.17 $701.25 $0.00 $6,701.42
Yearly $72,002.01 $8,415.00 $0.00 $80,417.01
Total $2,160,060.17 $252,450.00 $0.00 $2,412,510.17

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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