4530 38th Street, San Diego, CA 92116
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
4530 38th Street,San Diego, CA 92116
$2,200,000
- 8 Beds
- 4 Baths
- 3,224 sq. ft.
- Single family
- Active
Listed by: christopher burgos
Office: coldwell banker west619-325-4100
MLS#:260008057SD
Source:CRMLS
Price summary
- Price:$2,200,000
- Price per sq. ft.:$682.38
About this home
Welcome to 4530–4536 38th Street, a fully remodeled fourplex ideally located in the vibrant and highly walkable community of Normal Heights. 3,224 Sqft Units just steps from University Heights, North Park, and Kensington, this property offers the charm, culture, and appreciation trends of all three neighborhoods while sitting in one of San Diego’s most strategically located growth corridors. Extensively remodeled in late 2023, each unit has been upgraded with new windows, updated flooring, fresh interior paint, various improvements, and exterior enhancements. The result is a clean, modern, turnkey asset with strong in-place income performance. Fully occupied, These Identical Units make about $156,000 in gross annual income, with Long term rents. However, the true upside is in short-term rental positioning, bringing projected total gross revenue to roughly $234,000 per year. In a high-demand rental corridor like this, that performance shift can dramatically enhance overall return. For a VA-qualified buyer this presents a rare house-hack opportunity. Living in one unit while renting the remaining three creates an immediate wealth-building structure, and 0% Down Payment being priced within the conforming loan limit. As an investor, the RM-1-1 zoning, Alley Access, Transit Priority Area, Sustainable Development Area, and Complete Communities initiative, this parcel offers maximum development flexibility and density potential, subject to city approval. Turn-key, Immediate income, Walkability, and Added Potential makes this the Ideal Investment, Owner-User and Investors alike!...
Contact an agent
Home facts
- Year built:1943
- Listing ID #:260008057SD
- Added:3 day(s) ago
- Updated:April 07, 2026 at 03:45 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Tile, Wood
- Kitchen Description:Barbecue, Dishwasher, Electric Cooking, Microwave, Refrigerator, Self Cleaning Oven
- Living area:3,224 sq. ft.
Heating and cooling
- Cooling:Electric, Zoned
- Heating:Electric, Zoned
Structure and exterior
- Roof:Composition, Shingle
- Year built:1943
- Building area:3,224 sq. ft.
- Lot Features:Sprinkler System, Sprinklers In Front
- Construction Materials:Stucco
- Levels:2 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$682.38
Features and amenities
- Appliances:Barbecue, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Water Heater
- Laundry features:Electric Dryer Hookup, Inside
- Amenities:Balcony, Barbecue, Ceiling Fans, Closed Circuit Cameras, Open Floorplan, Security System, Smoke Detectors, Storage Space, Unfurnished, Walk In Closets
Parking
- Total parking spaces:10
- Parking description:Assigned, Concrete Driveway, Driveway, Garage, Guest, One Space, Private, Side By Side, Tandem, Uncovered
New listings near 4530 38th Street
- New
$525,000Active1 beds 1 baths669 sq. ft.727 Robinson Ave #C, San Diego, CA 92103
MLS# CRNDP2603364Listed by: PACIFIC SOTHEBY'S INT'L REALTY - New
$4,300,000Active3 beds 2 baths1,945 sq. ft.8675 Glenwick Lane, La Jolla (san Diego), CA 92037
MLS# CRNDP2603369Listed by: COMPASS - New
$1,295,000Active3 beds 4 baths2,008 sq. ft.2064 2nd Avenue, San Diego, CA 92101
MLS# CRPTP2602545Listed by: REAL ESTATE EBROKER, INC. - Open Sat, 1 to 3pm
$1,195,000Active4 beds 2 baths1,688 sq. ft.2705 Kobe Dr, San Diego, CA 92123
MLS# 260003731SDListed by: EXP REALTY OF SOUTHERN CALIFORNIA, INC. - New
$750,000Active3 beds 2 baths1,082 sq. ft.6306 Plaza Cuernavaca, San Diego, CA 92114
MLS# SW26076997Listed by: THE LADERA GROUP - New
$1,548,000Active-- beds -- baths2985 54th St, San Diego, CA 92105
MLS# 260008464SDListed by: ONQU REALTY - New
$799,000Active2 beds 3 baths1,652 sq. ft.7410 Caminito Carlotta, San Diego, CA 92120
MLS# 260008466SDListed by: USAFC REALTY - New
$649,000Active3 beds 2 baths2,519 sq. ft.17768 Sintonte Dr, San Diego, CA 92128
MLS# 260008467SDListed by: EXP REALTY OF CALIFORNIA, INC - New
$585,000Active2 beds 3 baths1,321 sq. ft.5222 Surfwalk Way #6, San Diego, CA 92154
MLS# 260008472SDListed by: COLDWELL BANKER REALTY - New
$1,548,000Active10 beds 6 baths2,989 sq. ft.2985-87 54th St, San Diego, CA 92105
MLS# 260008464Listed by: ONQU REALTY