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Listed by Maxwell Brown • Commercial Asset Advisors
$ 1,389,500
Est. payment /mo
Active
3867 Menlo Avenue San Diego, CA 92105
3,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $463
MLS Listing ID CRPTP2503727
HOA Y/N No
Year Built 1960
Lot Size 5,863 Sqft
Property Sub-Type OTHER
Source Datashare California Regional
Property Description
3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents. The contiguous 10 unit property 3877 Menlo Ave is also available for sale with the same ownership.
Location
State CA
County San Diego
Interior
Fireplace No
Laundry Common Area
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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