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3937-3941 Utah San Diego, CA 92104
$1,325,000 4 beds, 2 baths
0 sqft
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Photo of Nicolette Gilbert

Nicolette Gilbert REALTORĀ® - Sales Associate 619-755-8112 m
619-595-7020 o
Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com
Text Me
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Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com
Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
Phone: 858-487-3520
Fax: 858-451-0932
Rancho Bernardo 16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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Fax: 858-451-0932
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Agent Remarks

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.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 260014756
List price is $1,325,000
Beds: 4
Baths: 2 (2 full)
Built in 1939
1 story
0.13 acres
Subdivision: 18th Unit (18U)
County: San Diego
Zoning: COMMERCIAL
Construction: Wood
Heating description: Forced Air Unit
MLS area: Metro Uptown

Last Updated: 6/18/2026

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This listing belongs to the Metro Uptown MLS area

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Lat/Long: 32.749295, -117.132157.
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Listing Agent: Ken Schwartz
Lic#: 02102274
Office Name: Rancho Bernardo

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Photo of Nicolette Gilbert

Nicolette Gilbert REALTORĀ® - Sales Associate 619-755-8112 m
619-595-7020 o
Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com
Text Me
Call My Cell
Call My Office
Lic#: 02102274
NRDS ID: 196580428
NicolettePacho@bhhscal.com

Rancho Bernardo Office
16969 Bernardo Center Drive, Suite 100
San Diego, CA 92128
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