Property Details
About this Property
Turnkey 5-unit multifamily asset in the high-demand North Park metro area, right at the edge of the Corridor/Cherokee Point neighborhoods. 3862-70 Swift Ave includes three 3BD/2BA units, one 2BD/2BA, and one 2BD/1BA—all fully rehabbed and updated with modern finishes and systems. Zero deferred maintenance and minimal capex projections in the long run make this a highly sought after passive real estate investment. Currently generating $14,784/month in gross rents with a 5.0% cap rate. Pro forma income is $15,975/month, delivering a projected 5.6% cap rate at market rates. This fully stabilized investment opportunity offers high upside in a rapidly appreciating submarket. Strong unit mix, updated interiors, and proximity to North Park’s retail, dining, and transit make this an ideal asset for investors seeking solid in-place income with future growth potential. Clean financials, renovated product, and a location that consistently drives tenant demand.
MLS Listing Information
MLS #
SD250025254
MLS Source
San Diego MLS
Days on Site
21
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $3,595 | – |
| 2 | – | – | 0/0 | – | $3,500 | – |
| 3 | – | – | 0/0 | – | $3,500 | – |
| 4 | – | – | 0/0 | – | $2,695 | – |
| 5 | – | – | 0/0 | – | $2,495 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3862-70 Swift Ave is a Residential Income in San Diego, CA 92104. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,100,000 and was built in –. This address can also be written as 3862-70 Swift Ave, San Diego, CA 92104.
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This listing information is up-to-date as of May 12, 2025. For the most current information, please contact Jason Lee, (858) 343-4655
