3937-3941 Utah, San Diego, CA 92104
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: ken schwartz
Office: century 21 affiliated
MLS#:260008132
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,350,000
- Price per sq. ft.:$774.97
About this home
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 for separate purchase. Inquire with agent for details and pricing....
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Home facts
- Year built:1939
- Listing ID #:260008132
- Added:46 day(s) ago
- Updated:May 24, 2026 at 02:07 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,742 sq. ft.
Heating and cooling
- Cooling:Central Forced Air
- Heating:Forced Air Unit
Structure and exterior
- Roof:Composition
- Year built:1939
- Building area:1,742 sq. ft.
- Construction Materials:Wood
- Levels:1 Story
Utilities
- Water:Meter on Property
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,350,000
- Price per sq. ft.:$774.97
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