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  4. 4530 38th Street, San Diego, CA 92116
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4530 38th Street
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  • MLS#: 260008057SD ( Single Family Residence )
  • Street Address: 4530 38th Street
  • Viewed: 1
  • Price: $2,200,000
  • Price sqft: $682
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1943
  • Bldg sqft: 3224
  • Bedrooms: 8
  • Total Baths: 4
  • Full Baths: 4
  • Garage / Parking Spaces: 10
  • Days On Market: 5
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92116
  • Subdivision: Normal Heights
  • Provided by: Coldwell Banker West
  • Contact: Christopher Christopher
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Welcome to 45304536 38th Street, a fully remodeled fourplex ideally located in the vibrant and highly walkable community of Normal Heights. 3,224 Sqft Units just steps from University Heights, North Park, and Kensington, this property offers the charm, culture, and appreciation trends of all three neighborhoods while sitting in one of San Diegos most strategically located growth corridors. Extensively remodeled in late 2023, each unit has been upgraded with new windows, updated flooring, fresh interior paint, various improvements, and exterior enhancements. The result is a clean, modern, turnkey asset with strong in place income performance. Fully occupied, These Identical Units make about $156,000 in gross annual income, with Long term rents. However, the true upside is in short term rental positioning, bringing projected total gross revenue to roughly $234,000 per year. In a high demand rental corridor like this, that performance shift can dramatically enhance overall return. For a VA qualified buyer this presents a rare house hack opportunity. Living in one unit while renting the remaining three creates an immediate wealth building structure, and 0% Down Payment being priced within the conforming loan limit. As an investor, the RM 1 1 zoning, Alley Access, Transit Priority Area, Sustainable Development Area, and Complete Communities initiative, this parcel offers maximum development flexibility and density potential, subject to city approval. Turn key, Immediate income, Walkability, and Added Potential makes this the Ideal Investment, Owner User and Investors alike!
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Features
Accessibility Features
  1. 2+ Access Exits
  2. Entry Slope Less Than 1 Foot
  3. Parking
Appliances
  1. ENERGY STAR Qualified Appliances
  2. Disposal
  3. Electric Cooking
  4. Microwave
  5. Refrigerator
  6. Counter Top
  7. Self Cleaning Oven
  8. Gas Water Heater
  9. Barbecue
  10. Built-In
  11. ENERGY STAR Qualified Water Heater
  12. Dishwasher
Association Amenities
  1. Permitted Types
  2. Barbecue
Construction Materials
  1. Stucco
Cooling
  1. Electric
  2. Zoned
  3. High Efficiency
  4. ENERGY STAR Qualified Equipment
Country
  1. US
Eating Area
  1. Family Kitchen
Fencing
  1. Wood
  2. Redwood
Flooring
  1. Tile
  2. Wood
Garage Spaces
  1. 0.00
Heating
  1. Electric
  2. Zoned
  3. High Efficiency
  4. ENERGY STAR Qualified Equipment
Interior Features
  1. Balcony
  2. Unfurnished
  3. Ceiling Fan(s)
  4. Open Floorplan
  5. Storage
  6. Granite Counters
Laundry Features
  1. Inside
  2. Electric Dryer Hookup
Levels
  1. Two
Living Area Source
  1. Assessor
Lockboxtype
  1. SentriLock
Lot Features
  1. Sprinklers In Front
  2. Sprinkler System
Other Structures
  1. Two On A Lot
  2. Guest House Attached
Parcel Number
  1. 4470521700
Parking Features
  1. Concrete
  2. Assigned
  3. Tandem Garage
  4. Other
  5. Guest
  6. Driveway
  7. Private
  8. Side by Side
  9. Parking Space
  10. Uncovered
Pool Features
  1. None
Property Type
  1. Single Family Residence
Roof
  1. Composition
  2. Shingle
Security Features
  1. Closed Circuit Camera(s)
  2. Security System
  3. 24 Hour Security
  4. Smoke Detector(s)
Spa Features
  1. None
Subdivision Name Other
  1. Normal Heights
Uncovered Spaces
  1. 10.00
Utilities
  1. Cable Available
View
  1. Trees/Woods
  2. City Lights
  3. Peek-A-Boo
Water Source
  1. Public
Year Built
  1. 1943
Zoning
  1. RM 1-1
Equal Housing Opportunity

Based on information from California Regional Multiple Listing Service, Inc. as of Apr 11, 2026. 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 April 11, 2026 @ 12:00 am
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