3862-70 Swift Ave, San Diego, CA 92104

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
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3862-70 Swift Ave,San Diego, CA 92104
$1,899,000
Virtual Tour
  • 13 Beds
  • 9 Baths
  • 4,000 sq. ft.
  • Multi-family
  • Pending
Listed by:jason j lee
Office:nara advisors, inc.
MLS#:250025254
Source:SANDICOR

Price summary

  • Price:$1,899,000
  • Price per sq. ft.:$474.75

About this home

Turnkey 5-unit multifamily asset in the high-demand North Park metro area, right at the edge of the Corridor/Cherokee Point neighborhoods. 3862-70 Swift Ave includes three 3BD/2BA units, one 2BD/2BA, and one 2BD/1BA—all fully rehabbed and updated with modern finishes and systems. Zero deferred maintenance and minimal capex projections in the long run make this a highly sought after passive real estate investment. Currently generating $14,784/month in gross rents with a 6.0% cap rate. Pro forma income is $15,975/month, delivering a projected 6.7% cap rate at market rates with consistent rent increases. This fully stabilized investment opportunity offers high upside in a rapidly appreciating submarket. Strong unit mix, updated interiors, and proximity to North Park’s retail, dining, and transit make this an ideal asset for investors seeking solid in-place income with future growth potential. Clean financials, renovated product, and a location that consistently drives tenant demand.

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Home facts

  • Listing Id #:250025254
  • Added:113 day(s) ago
  • Updated:August 15, 2025 at 07:21 AM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:9
  • Living area:4,000 sq. ft.

Structure and exterior

  • Building area:4,000 sq. ft.

Finances and disclosures

  • Price:$1,899,000
  • Price per sq. ft.:$474.75
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