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+16197010309
Century 21 Affiliated
3937 3941 Utah, North Park, CA 92104
- $1,225,000
- Sold Price
- $1,225,000
- List Price
- $1,325,000
- Closing Date
- Jul 14, 2026
- Status
- CLOSED
- MLS#
- 260014756SD
- Year Built
- 1939
- Lot Size
- 5,602
- Acres
- 0.13
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- One Level
Property Description
Fully leased duplex generating $6,705/month ($80,460/yr) in gross rental income in prime North Park. Unit 1: 2BR/1BA | 800 SF | $3,385/mo. Unit 2: 2BR/1BA | 942 SF | $3,320/mo. Both units were renovated in 2023 with updated appliances and refreshed finishes, delivering a well-maintained, move-in ready product that appeals to quality-conscious tenants and owner/users alike. For the investor with a value-add eye, the 2023 renovation sets a solid baseline with real upside remaining, as a high-end finish upgrade has a clear path to premium rents in a neighborhood where renters consistently pay for quality. North Park is San Diego's most dynamic urban rental submarket, walkable, amenity-rich, and structurally undersupplied, with a WalkScore of 97 and a renter base anchored by young professionals and creatives who drive durable occupancy. This parcel is the essential second piece of a permit-approved 8-story, 70-unit development at 3933-3941 Utah Street. Plans by Ehrlich Yanai Rhee Chaney Architects are complete and entitlements are in place. Both parcels must be acquired together to complete the project. Architectural plans and permits for the 70-unit development are available. Inquire with agent for details and pricing.
Additional Information
- Appliances
- Gas Water Heater
- Heat
- Forced Air, Natural Gas
- Cooling
- Yes
- Cooling Description
- Central Air
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 2
- Gross Scheduled Income
- $80,460
Listing courtesy of Listing Agent: Ken Schwartz (Ken@KenSchwartzRE.com) from Listing Office: Century 21 Affiliated.
Listing sold by Ian Duffy from Black Label Realty
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.