3753-59 N 42nd Street, San Diego, CA 92105
Local realty services provided by:ERA North Orange County Real Estate
3753-59 N 42nd Street,San Diego, CA 92105
$1,600,000
- 7 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: eric von bluecher
Office: lee & associates
MLS#:NDP2605803
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,600,000
About this home
Lee & Associates Multifamily Group - North San Diego County is pleased to present Forty Second Street Apartments, a 5-unit multifamily investment opportunity located at 3753-3759 42nd Street in San Diego, California. Situated on an approximately 7,427 square foot lot, the property consists of three separate residential buildings totaling approximately 3,000 square feet and features a diverse unit mix of (1) four-bedroom/two-bath unit, (1) two-bedroom/one-bath unit, (1) one-bedroom/one-bath unit, and (2) studio units. Originally constructed in 1937, the property offers investors a unique blend of stable cash flow, strong rental demand, and significant value-add potential in the highly sought-after City Heights / Colina Del Sol submarket. The property benefits from separate gas and electric metering, helping reduce operating expenses and improve management efficiency. Additional amenities include two gated parking spaces, a secure gated entry, a communal courtyard, and supplemental income generated through parking revenue. The property's diverse unit mix appeals to a broad tenant base, ranging from individual renters to larger households seeking affordable housing options within central San Diego. Ideally located in the heart of City Heights, the property provides convenient access to major employment centers, shopping, dining, schools, and public transportation. Residents benefit from close proximity to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Kensington, and Balboa Park, making the location highly desirable for commuters and long-term t...
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Home facts
- Listing ID #:NDP2605803
- Added:2 day(s) ago
- Updated:June 19, 2026 at 02:28 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
Finances and disclosures
- Price:$1,600,000
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