Property Details
Upcoming Open Houses
About this Property
Welcome to 4530–4536 38th Street, a fully remodeled fourplex ideally located in the vibrant and highly walkable community of Normal Heights. 3,224 Sqft Units just steps from University Heights, North Park, and Kensington, this property offers the charm, culture, and appreciation trends of all three neighborhoods while sitting in one of San Diego’s most strategically located growth corridors. Extensively remodeled in late 2023, each unit has been upgraded with new windows, updated flooring, fresh interior paint, various improvements, and exterior enhancements. The result is a clean, modern, turnkey asset with strong in-place income performance. Fully occupied, These Identical Units make about $156,000 in gross annual income, with Long term rents. However, the true upside is in short-term rental positioning, bringing projected total gross revenue to roughly $234,000 per year. In a high-demand rental corridor like this, that performance shift can dramatically enhance overall return. For a VA-qualified buyer this presents a rare house-hack opportunity. Living in one unit while renting the remaining three creates an immediate wealth-building structure, and 0% Down Payment being priced within the conforming loan limit. As an investor, the RM-1-1 zoning, Alley Access, Transit Priority
MLS Listing Information
MLS #
SD260003902
MLS Source
San Diego MLS
Days on Site
2
Interior Features
Cooling
Multi-Zone
Heating
Electric, Other
Exterior Features
Roof
Composition
Pool
Heated - No, Other
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Guest / Visitor Parking, Tandem Parking, Garage: Car(s)
Water
Other
Complex Amenities
Barbecue Area, Other
Zoning
RM 1-1
Contact Information
Listing Agent
Christopher Burgos
Coldwell Banker West
License #: 02122669
Phone: (754) 777-3333
Co-Listing Agent
Luxika Phillips
Coldwell Banker West
License #: 02246571
Phone: (415) 994-9152
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 806 | 2 | 1/0 | $3,250 |
| 2 | 806 | 2 | 1/0 | – |
| 3 | 806 | 2 | 1/0 | $3,150 |
| 4 | 806 | 2 | 1/0 | $3,150 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4530-4536 38th St is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 5,732 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,200,000 and was built in 1943. This address can also be written as 4530-4536 38th St, San Diego, CA 92116.
©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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This listing information is up-to-date as of February 20, 2026. For the most current information, please contact Christopher Burgos, (754) 777-3333
