Jojo Giordano REALTOR

Berkshire Hathaway California Properties

  • Find Your Next Home
    Find Your Next Home
    Want an even more powerful MLS® search experience?
    Scroll down to find out how
Forgot password Extend Verify Contact

3735-41 Madison Avenue
Metro Uptown San Diego 92116

$1,725,000
2-4 Units 7,344 sq. ft. built: 1947

Main Photo: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 1: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 2: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 3: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 4: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 5: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 6: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 7: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 8: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 9: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 10: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 11: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 12: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 13: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 14: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 15: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 16: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 17: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 18: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 19: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 20: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 21: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Photo 22: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
Status:
Contingent
Prop. Type:
2-4 Units
MLS® Num:
240026431
Year Built:
1947
Welcome to this adorable 4-unit property, perfectly positioned on a desirable corner lot in Normal Heights. This unique offering features a delightful mix of units: a free-standing 2-bedroom, 1-bath home, alongside a duplex with two 1-bedroom, 1-bath units, and an additional free-standing 1-bedroom, 1-bath residence. Each unit includes dedicated parking, with three detached garages and one attached garage for added convenience, in addition to ample street parking. These well-maintained units showcase beautiful hardwood floors and inviting built-ins that exude charm. Enjoy the ease of low-maintenance landscaping, along with newly installed sidewalks, gutters, windows, garage doors, fence and downspouts. With durable composition shingle roofs, this property is both stylish and practical. Ideal for first-time investors or those looking to occupy a unit with VA/FHA financing, this is an opportunity not to be missed. Experience the vibrant lifestyle Normal Heights has to offer! All tenants pay their own electricty. Two units (4548 & 3741) are separately metered so they pay their own water and sewer however the duplex (3739 & 3735) is not separately metered and is paid by the owner. Property is zoned Multi Family Dwellings 2+
Total Floor Area:
7,344 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
7,405 sq. ft.
Number of Buildings:
4
Number of Units:
4
Year Built:
1947
Stories:
1 Story
Total Stories:
1
Market Area:
Metro Uptown
Community:
NORMAL HEIGHTS
County:
San Diego
Neighborhood Code:
Normal Heights
Name of Complex/Subdivision:
n/a
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Sewer, Water, Electricity
Projected net operating income:
100485
Other income:
0
Annual expense actual:
16107
Projected annual expense:
21315
Cap Rate.:
4.76
Projected Cap Rate.:
6.49
Gross Rent Multiplier:
18.74
Projected Gross Rent Multiplier:
14.16
Gross scheduled income:
92040
Projected gross scheduled income:
121800
Unit Number for Unit 1:
3735
Finished Area for Unit 1:
675 sq. ft.
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
2600.0
Total Rent for Unit 1:
1300.0
Projected Rent for Unit 1:
2250.0
Total Garage Spaces for Unit 1:
1
Garage for Unit 1:
Detached
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
No
Unit Number for Unit 2:
3739
Finished Area for Unit 2:
675 sq. ft.
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
1695.0
Total Rent for Unit 2:
1750.0
Projected Rent for Unit 2:
2250.0
Total Garage Spaces for Unit 2:
1
Garage for Unit 2:
Detached
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
No
Unit Number for Unit 3:
3741
Finished Area for Unit 3:
675 sq. ft.
Bedrooms for Unit 3:
1
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
2095.0
Total Rent for Unit 3:
1920.0
Projected Rent for Unit 3:
2250.0
Total Garage Spaces for Unit 3:
1
Garage for Unit 3:
Detached
Unit 3 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 3:
No
Unit Number for Unit 4:
4548
Finished Area for Unit 4:
900 sq. ft.
Bedrooms for Unit 4:
2
Number of bathrooms for Unit 4:
1
Full Bathrooms for Unit 4:
1
Half Bathrooms for Unit 4:
0
Deposit for Unit 4:
2850.0
Total Rent for Unit 4:
2700.0
Projected Rent for Unit 4:
3400.0
Total Garage Spaces for Unit 4:
1
Garage for Unit 4:
Detached
Unit 4 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 4:
Yes
38th Street
Site Influences:
Alley Access, Corner Lot, Curbs, Public Street, Sidewalks, Street Paved
Exterior Features:
Stucco
Cooling:
None
Heating:
Wall/Gravity
Heating fuel:
Natural Gas
Irrigation:
Other/Remarks
Number of Units with Cooling:
0
Number of Units with Dishwashers:
0
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
4
Number of Units with Patios:
0
Number of Units with Range/Oven:
4
Number of Units with Refrigerators:
0
Number of Units with Washers:
0
Roof:
Composition
Sewer Septic:
Sewer Connected
Water district:
CITY OF SAN DIEGO
Water Heater Type:
Gas
Water supply:
Meter on Property
Security:
N/K
Fencing:
Gate, Partial
Topography:
Level
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, FHA, VA
Pets:
Yes
Jurisdiction:
Incorporated
Parcel Number:
447-052-18-00
  • Photo 1: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 1 of 22
  • Photo 2: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 2 of 22
  • Photo 3: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 3 of 22
  • Photo 4: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 4 of 22
  • Photo 5: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 5 of 22
  • Photo 6: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 6 of 22
  • Photo 7: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 7 of 22
  • Photo 8: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 8 of 22
  • Photo 9: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 9 of 22
  • Photo 10: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 10 of 22
  • Photo 11: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 11 of 22
  • Photo 12: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 12 of 22
  • Photo 13: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 13 of 22
  • Photo 14: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 14 of 22
  • Photo 15: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 15 of 22
  • Photo 16: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 16 of 22
  • Photo 17: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 17 of 22
  • Photo 18: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 18 of 22
  • Photo 19: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 19 of 22
  • Photo 20: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 20 of 22
  • Photo 21: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 21 of 22
  • Photo 22: NORMAL HEIGHTS Property for sale: 3735-41 Madison Avenue in San Diego
    Photo 22 of 22
Listed by Berkshire Hathaway HomeServices California Properties
Data was last updated January 15, 2025 at 05:10 PM (UTC)
Area Statistics
Listings on market:
59
Avg list price:
$1,500,000
Min list price:
$700,000
Max list price:
$4,500,000
Avg days on market:
55
Min days on market:
1
Max days on market:
523
Avg price per sq.ft.:
$254.93
These statistics are generated based on the current listing's property type and located in Metro Uptown. Average values are derived using median calculations.

Get all the benefits below, by registering today. A better MLS® search and advantage over other buyers and sellers.

Finding a home should be a joy

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.