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4265 36th St 3 Unit Apartment Building $1,937,934 CAD ($645,978 CAD/Unit) 5% Cap Rate San Diego, CA 92104



Investment Highlights
- Renovated to the Studs, All to Code with Permits from the City of San Diego.
- Ideal Owner-Occupied Investment Opportunity.
- Convenient Access to Anywhere in San Diego via I-805 and I-15.
- Three Detached Units: 2 Bed/1 Bath, 2 Bed/1 Bath, 1 Bed/1 Bath.
- Low Maintenance, All New Major Systems.
- Located in the heart of North Park, this property is within walking distance to 30th Street’s vibrant mix of restaurants, coffee shops and nightlife.
Executive Summary
4265-67 36th Street is an extensively renovated 3-unit property located in San Diego’s highly desirable Corridor submarket. The property was taken down to the studs and completely remodeled to code with permits from the City of San Diego. No detail was overlooked. Major improvements include new roofs on all three structures, new 300-amp electrical service, all-new ABS plumbing, dual-pane windows, fresh exterior stucco, and new hardscape, creating a truly low-maintenance investment opportunity. Inside, each unit has been thoughtfully upgraded with modern finishes including luxury vinyl plank flooring, white shaker cabinetry, stainless steel appliances, in-unit laundry, and upgraded bathrooms. The property features a versatile unit mix consisting of three detached residences. The front unit is a 2 bed / 1 bath totaling approximately 692 SF, the middle unit is a 2 bed / 1 bath totaling approximately 480 SF, and the rear unit is a 1 bed / 1 bath totaling approximately 324 SF. Whether you are looking to offset your mortgage through owner occupancy or acquire a stabilized, fully renovated investment property with minimal deferred maintenance, 4265 36th Street offers a rare combination of quality, functionality, and long-term investment appeal in one of San Diego’s most centrally located rental markets.
Property Facts
| Price | $1,937,934 CAD | Building Class | C |
| Price Per Unit | $645,978 CAD | Lot Size | 0.07 AC |
| Sale Type | Investment | Building Size | 1,496 SF |
| Cap Rate | 5% | Average Occupancy | 0% |
| Gross Rent Multiplier | 15.4 | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1924/2026 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-3 - Multifamily 10 units or less | ||
| Price | $1,937,934 CAD |
| Price Per Unit | $645,978 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| Gross Rent Multiplier | 15.4 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 1,496 SF |
| Average Occupancy | 0% |
| No. Stories | 1 |
| Year Built/Renovated | 1924/2026 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R-3 - Multifamily 10 units or less |
Amenities
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $3,883 CAD | 480 - 692 |
| 1+1 | 1 | $2,709 CAD | 324 |
1 1
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 447-251-05 | Improvements Assessment | $281,655 CAD |
| Land Assessment | $633,723 CAD | Total Assessment | $915,378 CAD |
Property Taxes
Parcel Number
447-251-05
Land Assessment
$633,723 CAD
Improvements Assessment
$281,655 CAD
Total Assessment
$915,378 CAD
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4265 36th St
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