Map of Property

4170 37th St

4170 37th St, San Diego, CA 92105

  • For Sale $2,385,000
  • Property Type Multi-Family
  • Property Size 7,000 SF
  • Lot Size 0.16 Acre
  • Additional Rent Contact for pricing
  • Year Built 1966
  • Date Updated Sep 13, 2024

Commercial Asset Advisors is pleased to present the opportunity to acquire an attractive investment opportunity for a value-add 9-unit multifamily asset in the desirable, centrally located Cherokee Point neighborhood. The asset consists of six 1 Bed / 1 Bath and three 2 Bed / 1 Bath units on a 7,000 sqft lot. All tenants possess notably below-market rents and are on a month-to-month basis. An investor seeking to maximize returns would likely elect to terminate existing tenancies, fully renovate all units with in-unit laundry, and re-lease at full market rents for a substantial 6.95% proforma cap rate, excluding renovation costs. Additionally, the building contains a 50 sqft laundry room contiguous to a 150 sqft storage room containing an existing bathroom with plumbing, gas supply, and electricity. A savvy investor may seek to convert this 200 sqft of plumbed and powered non-living square footage into an additional studio unit as an ADU or expand on the existing contiguous 1 Bed / 1 Bath unit to create a 2 Bed / 2 Bath unit for increased rent potential.

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Contacts

broker

Maxwell Brown Is this you?

Commercial Asset Advisors

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable

  • Transit Score ®

    55/100 Good Transit

  • Bike Score ®

    64/100 Bikeable
Powered by Walk Score ®
  • City San Diego, CA
  • Neighborhood Corridor
  • Zip Code 92105
  • Market San Diego

Points of Interest

  • Fenton Parkway

    1.94 miles

  • Stadium

    1.99 miles

  • Mission Valley Center

    2.48 miles

  • SDSU Transit Center

    2.86 miles

  • Fashion Valley

    3.35 miles

  • 25th/Commercial

    3.63 miles

  • 5th Avenue

    3.68 miles

  • Alvarado Station

    3.69 miles

  • Middletown

    3.81 miles

  • 12th & Imperial Transit Center

    4.01 miles

  • Pearson Fuel

    0.37 miles

  • Chevron

    0.54 miles

  • Arco

    0.56 miles

  • Tiger Mart & Gas

    0.66 miles

  • Speedway

    0.66 miles

  • 76

    0.76 miles

  • Shell

    1.05 miles

  • Valero

    1.60 miles

  • Costco Gasoline

    2.23 miles

  • eVgo

    2.30 miles

  • USA Gasoline

    0.71 miles

  • YMCA Parking Lot

    0.74 miles

  • North Park Parking Garage

    1.06 miles

  • Morley Field Disk Golf Course Parking

    1.69 miles

  • Dog Park Public Parking

    2.18 miles

  • North Carousel Parking Lot

    2.29 miles

  • South Carousel Parking Lot

    2.33 miles

  • Natural History Museum Parking Lot

    2.39 miles

  • Plaza Deportes Lot

    2.46 miles

  • Parking Lot 10A

    2.47 miles

  • Berkshire Motor Hotel

    1.41 miles

  • The Lafayette Hotel, Swim Club & Bungalows

    1.60 miles

  • SpringHill Suites by Marriott San Diego Mission Valley;

    1.90 miles

  • Zephyr

    2.06 miles

  • Travel Time Motel

    2.10 miles

  • Marriott Mission Valley

    2.18 miles

  • Admiral at Promenade

    2.26 miles

  • Sheraton Mission Valley San Diego Hotel

    2.32 miles

  • Navajo Lodge

    2.35 miles

  • Pidgeon at Monte Viston

    2.37 miles

  • El Salvador Pupuseria

    0.23 miles

  • Canada Steak Burger

    0.23 miles

  • Subway Sandwiches

    0.47 miles

  • Subway

    0.55 miles

  • El Borrego

    0.68 miles

  • Donut Star

    0.77 miles

  • Ali's Chicken & Waffles

    0.78 miles

  • Denny's

    0.78 miles

  • Moosie’s Ice Cream

    0.78 miles

  • Ponce's Mexican Restaurant

    0.79 miles

  • Wilson Middle School

    0.13 miles

  • Edison Elementary School

    0.25 miles

  • Central Elementary School

    0.36 miles

  • Cherokee Point Elementary School

    0.45 miles

  • Our Lady of the Sacred Heart Catholic Church School

    0.51 miles

  • Rosary High School

    0.54 miles

  • John Adams Elementary School

    0.67 miles

  • Franklin Elementary School

    0.70 miles

  • Mid-City Campus, San Diego College of Continuing Education

    0.81 miles

  • Our Saviors Preschool

    0.89 miles

  • Our Lady of the Sacred Heart Catholic Church Day Care Center

    0.51 miles

  • The Vine

    3.81 miles

  • Saint Judes Shrine Child Care and Development Center

    4.09 miles

  • Lemon Grove Childcare Center

    4.26 miles

  • Child Development Center NBSD

    4.64 miles

  • Coronado Baptist Day Care Center

    5.08 miles

  • Chinese Bilingual Preschool

    5.28 miles

  • Murphy Canyon Preschool

    5.45 miles

  • BunnyBears Preschool La Mesa

    5.80 miles

  • Bright Horizons Preschool

    6.11 miles

Frequently Asked Questions

How much does 4170 37th St cost?

The space currently listed for sale at 4170 37th St asks for $2,385,000.

What is the total square footage of 4170 37th St?

4170 37th St totals 7,000 square feet.

When was this property built?

4170 37th St was built in 1966.

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Contact Listing Broker

broker

Maxwell Brown Is this you?

Commercial Asset Advisors