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$1,400,000

Est. payment - /mo

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7 BD

4 BA

1,463 SqFt

Pending

4365-69 37th Street San Diego, CA 92105

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Kurt Wannebo

Wannebo Real Estate Group Brokered by Exp Realty of California Inc.

kurt@wanneboreg.com +1(858) 405-5878

UPDATED:

02/20/2025 07:01 PM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 1,463 sqft

Price per Sqft $956

Subdivision Normal Heights

MLS Listing ID 250018182

Bedrooms 7

Full Baths 4

HOA Y/N No

Year Built 2000

Lot Size 6,253 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Located in the highly sought-after neighborhood of Normal Heights, this three-unit multi-family property offers incredible potential for both rental income and future development. Perfectly situated within the SDA, Complete Communities, and TPA zones, this property is zoned RM2-5 & is poised for significant appreciation and flexibility, with the added benefit of a FAR of 6.5—allowing for the possibility to build over 40,000 sq. ft. of living space. Property Features: Front Home: A beautifully updated 3-bedroom, 2-bathroom home featuring a spacious open living area, a walk-in closet in the primary bedroom, and a large custom shower for ultimate relaxation. See supp...
Two Rear Apartments: A two-story building with two 2-bedroom, 1-bathroom apartments—ideal for rental income. While these units could use a remodel, they present an excellent opportunity to increase value and return on investment. Two-Car Garage: Conveniently attached to the front home, providing additional storage, a laundry area and parking. Direct Alley Access: For ease of access to the rear apartments, with plenty of potential for further development. Motorized Driveway Gate: Enhances privacy, security, and peace of mind. Central Deck/Patio Area: Perfect for outdoor gatherings, relaxation, or enjoying the San Diego weather. Whether you're a family looking for multigenerational living, or an investor seeking rental income or exploring the vast redevelopment potential, this property offers a wealth of possibilities. With the ability to expand and build, combined with a solid foundation for the existing income, it's an incredible opportunity in a rapidly growing area. Schedule a tour today to see the potential for yourself!

Location

State CA

County San Diego

Community Normal Heights

Area East San Diego (92105)

Building/Complex Name Normal Heights

Interior

Heating Natural Gas

Cooling Central Forced Air

Exterior

Exterior Feature Stucco

Parking Features Unit1:Attached Unit2:N/K Unit3:N/K

Garage Spaces 2.0

Fence Full

Roof Type Composition

Building

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Level or Stories Other/Remarks

Schools

Elementary Schools San Diego Unified School District

Middle Schools San Diego Unified School District

High Schools San Diego Unified School District

Others

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Pets Allowed Yes

Virtual Tour https://www.propertypanorama.com/instaview/snd/250018182

Listed by Adam A Sussely-House • eXp Realty of California, Inc.

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Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

4365-69 37th Street San Diego, CA 92105

Kurt Wannebo

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4365-69 37th Street