3877 Menlo Avenue
San Diego, CA 92105
0
Bed
0
Bath
5,788Sqft
6,607Sqft(Lot)
3877 Menlo Avenue presents an attractive opportunity to acquire a well located, value-add multifamily asset at a low price per unit in Central San Diego’s high-demand, but still affordable workforce housing market. The property consists of 10 units totaling 5,788 rentable square feet on a 6,607 SF lot, featuring an efficient unit mix of (8) 1 Bed / 1 Bath and (2) 2 Bed / 1 Bath units, complemented by 10 off-street parking spaces. The 1 bedroom units are oversized and possess walk-in closets. The property produces $213-216k annual income yielding a 5.48% cap rate with strong upside to a projected 7.04% cap rate upon full renovation and lease-up to market rents. Built in 1964, the asset offers classic walk-up construction with a pitched roof and a secure, fully gated courtyard. Recent ext
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0Water/Sewer
Sewer: Public Sewer -
Cooling Features
Air ConditioningHeating Source
Has HeatingFireplace
Has Fireplace: 0
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Building Information
Year Built: 1964 Building Area Total: 5,788 -
Pool Features
NoneLaundry Features
Common Area
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1517 -
Lot Size Source: Public Records Lot Size Square Feet: 6607
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Listing Price Information
Original List Price: 2,300,000 Listing Contract Date: 2026-03-29 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 4715913200
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Other Property Info
Source Listing Status: Pending Source Neighborhood: 92105 - East San Diego Directions: GPS Zoning: CC 5-4 Source Property Type: Residential Income Area: 92105 - East San Diego -
Building and Construction
Property Age: 62 Common Walls: 2+ Common Walls Year Built Source: Vendor Enhanced Entry Level: 1 Entry Location: street Property Attached: Yes
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5703 Michael, San Diego, CA, 92105 | $749,900 | 3 | 2 | 1,000 | 1,000 SqFt |
| 2003 Bayview Heights Dr.., San Diego, CA, 92105 | $335,000 | 4 | 2 | 1,496 | 1,496 SqFt |
| 5610 Streamview Drive, San Diego, CA, 92105 | $769,000 | 3 | 2 | 1,200 | 1,200 SqFt |
| 5474 Streamview Dr, San Diego, CA, 92105 | $700,000 | 4 | 2 | 1,116 | 1,116 SqFt |
| 2003 BAYVIEW Hts Dr. #88, San Diego, CA, 92105 | $224,000 | 2 | -- | 1,344 | 1,344 SqFt |
| 3133 54th St, San Diego, CA, 92105 | $789,000 | 4 | 2 | 1,582 | 1,582 SqFt |
| 2003 Bayview Heights #S.., San Diego, CA, 92105 | $340,000 | 3 | 2 | 1,503 | 1,503 SqFt |
| 3854 50th Street, San Diego, CA, 92105 | $2,250,000 | -- | -- | 5,696 | 5,696 SqFt |
| 2259 Haniman Dr, San Diego, CA, 92105 | $749,000 | 3 | 2 | 984 | 984 SqFt |
| 4845 Wightman Street, San Diego, CA, 92105 | $699,000 | 2 | 1 | 572 | 572 SqFt |
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ByOwner last updated this listing 06/15/2026 @ 23:44
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