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4539 36th Street, San Diego, CA 92116

Commercial property

4539 36th Street, San Diego, CA 92116 Sold August 2025 CRMLS
$2,900,000Sold August 2025

Listing Agent: Carson Trujillo (DRE #01974818) · Listing Office: Whitewater CRE Inc · Contact: 925-766-1062 · Bought with: Carson Trujillo · Whitewater CRE Inc · MLS #250028296SD · Source: CRMLS

7
Units
5.25%
Cap Rate
$148,360
NOI
6,098 sqft
Lot Size
MR15B
Zoning
Commercial property
Type

About this commercial property

7-unit apartment complex in the thriving and hip neighborhood of Normal Heights. 4539 36th Street was built in 1976 and fully renovated in 2022. 4539 36th St current unit mix consists of (1) two-bedroom/two- bathroom unit and (6) one-bedroom/one-bathroom units. The units also have access to off-street parking with (8) surface spaces and (1) two-car garage. The property has been renovated, both inside and out, with high-end materials and a modern design. Upgrades include redesigned kitchens and bathrooms, in-unit laundry, and split system heating and air conditioning. Select units feature walk- in closets, balconies and vaulted ceilings. The property has also been retrofitted with dual pane vinyl windows and secure gated access to the courtyard. Professionally managed, this turnkey opportunity appeals to the passive investor who wish to add to their portfolio. With a walk score of 91 just 1.5 blocks south of the main throughfare in Normal Heights consisting of many bars and restaurants, Adams Ave., the property is well positioned with the investor’s longevity in mind.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$2,900,000
Sold August 2025 · listed $2,825,000, on market May 2025 · MLS #250028296SD · Source: CRMLS
Listing Agent: Carson Trujillo · Listing Office: Whitewater CRE Inc · Contact: 925-766-1062 · Bought with: Carson Trujillo · Whitewater CRE Inc
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