3746 31st Street, San Diego

San Diego Home For Sale

Highest Cap Rate (4.84%) and Lowest GRM (13.59), 3rd lowest price per foot ($553) available right now in North Park, San Diego. Well maintained building with interiors featuring vinyl flooring, tile counters and updated stainless appliances in most units. 5 out of 7 units are 2 bedroom, 2 baths with master ensuite baths along with 2, one bed, one bath units. Laundry room on-site for additional income. The building is located one block away from University Ave and 3 streets away to the 30th Street corridor. In just a quick 5 minute walk to north or west, tenants have immediate access to some of the most popular nightlife, restaurants, coffee, shopping, art galleries, theater, farmers markets, brunch spots, boutiques, and breweries in all of San Diego. The property is centrally located near the 15, 805, 163, and 8 Freeways and minutes away from Balboa Park which hosts events, museums, concerts and more. Investors can buy this building and achieve a well above market cap rate on day one in addition to have plenty of opportunity to add value with further renovations and improvements such as ensuite washer/dryer additions, new windows, and more. Contact list agents for a tour and full marketing brochure.

Sales Agent

Beach Cities Real Estate
  • Beach Cities Real Estate
  • Phone: (888) 990-7111
  • Cell: (888) 990-7111
  • Contact Agent Now

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Additional Information

  • City:
    San Diego
  • County:
    San Diego
  • Zip:
    92104
  • MLS® #:
    NDP2404996
  • Bedrooms:
    12
  • Bathrooms:
    12
  • Lot Size:
    0.14
  • HOA Dues:
    $

Price Change History for 3746 31st Street, San Diego, (MLS® #NDP2404996)

Date Details Price Change
Active Under Contract (from Active)
Price Reduced (from $3,050,000) $2,995,000 $55,000 (1.80%)
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Based on information from California Regional Multiple Listing Service, Inc. as of August 7th, 2024 at 12:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.