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  4. 3867 Menlo Avenue, San Diego, CA 92105
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3867 Menlo Avenue
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Virtual Tour
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  • MLS#: PTP2406207 ( )
  • Street Address: 3867 Menlo Avenue
  • Viewed: 2
  • Price: $1,399,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1965
  • Bldg sqft: 0
  • Days On Market: 258
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92105
  • Provided by: Commercial Asset Advisors
  • Contact: Maxwell Maxwell
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    3865 71.5 Menlo Ave possesses 5 total units consisting of a detached 2 Bed / 1 Bath House + a rear Fourplex consisting of (4) 1 Bedrooms / 1 Bath units, and a laundry room. The property is legally a 4 unit on tax records and title, but was built as a 5 unit and is currently operating as a 5 unit. This rare scenario provides a new buyer the opportunity to achieve 30 year fixed residential financing while receiving income from 5 original construction units! The property produces a strong $110,124 Gross Scheduled Income with a Net Operating income of $76,066 with an immediately available rent increase yielding an above market true 5.44% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents. The property is well parked with 5 off street spaces with the potential to add 5 additional tandem spaces.
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Features
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 3000.00
Common Walls
  1. 2+ Common Walls
Entry Location
  1. Street
Garage Spaces
  1. 0.00
Insurance Expense
  1. 4250.00
Laundry Features
  1. Common Area
Lot Features
  1. 36-40 Units/Acre
Netoperatingincome
  1. 73136.00
Newtaxesexpense
  1. 17429.00
Parcel Number
  1. 4715910500
Pool Features
  1. None
Professionalmanagementexpense
  1. 5500.00
Sewer
  1. Public Sewer
Sourcesystemkey
  1. 400079549:CRP
Totalexpenses
  1. 33684.00
Trash Expense
  1. 0.00
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/crmls/PTP2406207
Water Sewer Expense
  1. 2606.00
Year Built
  1. 1965
Year Built Source
  1. Estimated
Zoning
  1. Multifamily
Equal Housing Opportunity

Based on information from California Regional Multiple Listing Service, Inc. as of Jun 23, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Display of MLS data is usually deemed reliable but is NOT guaranteed accurate.
Datafeed Last updated on June 23, 2025 @ 12:00 am
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