Listing provided courtesy of Jason Lee of Nara Advisors, Inc.. Last updated 2025-06-12 09:21:55.000000. Listing information © 2025 Sandicor.

Asking Price: $2,000,000 | Active​​​​​​​

3862-70 Swift Ave, San Diego CA 92104

Community: ​Metro Uptown


This Com-Res Income property was built in and is priced at $2,000,000. Please see the additional details below.
  • 0 Sq Ft
  • 2 bathrooms
  • 3 bedrooms
  • MLS#: 250025254
  • Type: Com-Res Income
  • Year Built:
Turnkey 5-unit multifamily asset in the high-demand North Park metro area, right at the edge of the Corridor/Cherokee Point neighborhoods. 3862-70 Swift Ave includes three 3BD/2BA units, one 2BD/2BA, and one 2BD/1BA—all fully rehabbed and updated with modern finishes and systems. Zero deferred maintenance and minimal capex projections in the long run make this a highly sought after passive real estate investment. Currently generating $14,784/month in gross rents with a 6.0% cap rate. Pro forma income is $15,975/month, delivering a projected 6.7% cap rate at market rates with consistent rent increases. This fully stabilized investment opportunity offers high upside in a rapidly appreciating submarket. Strong unit mix, updated interiors, and proximity to North Park’s retail, dining, and transit make this an ideal asset for investors seeking solid in-place income with future growth potential. Clean financials, renovated product, and a location that consistently drives tenant demand.

Call or Email The Koop Group now to inquire about this property

619.985.8722