3738 40 Van Dyke AVE Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92105
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2501962
Year Built 1980
Lot Size 0.268 Acres
Source California Regional MLS
Property Description
3738-40 Van Dyke Ave presents the opportunity to acquire a high-yield, 11-unit multifamily property in Central San Diego. Built in the 1980s, this well maintained asset offers significant upside potential, including the possibility for notable ADU development. Recent cap-ex includes new roofs in 2025, water supply line pulled from slab and re-routed to exterior of property, and dual pane windows in the last 10 years Ideally situated in the most desirable section of City Heights-west of Fairmount Avenue-the property benefits from a highly walkable location near retail centers, dining, and entertainment. Within just two blocks, residents have access to the City Heights Recreation Center, Park, Library, Mid-City Gym, Farmer's Market, and the bustling City Heights Center, which features Starbucks, Denny's, Chase Bank, El Super Market, and more. The property sits on an 11,695-square-foot lot and consists of two separate buildings, totaling 7,584 rentable square feet, with an additional 1,200-1,300 square feet of garage space. The unit mix includes (6) two-bedroom, one-bath units and (5) one-bedroom, one-bath units. On-site parking is ample, with 12 spaces in the front, 8 garage spaces in the rear, and an additional 3 parallel spaces if the garages are converted to ADUs. Recent prop
Location
State CA
County San Diego
Area 92105 - East San Diego
Interior
Laundry Community Facility
Exterior
Garage Spaces 8.0
Pool None
Others
Special Listing Condition Not Applicable