4133–37 Van Dyke Avenue presents a rare opportunity to acquire a fully renovated cottage-style triplex in the heart of Central San Diego. The property consists of three detached units, including a vacant 2 bed / 1 bath residence approximately 1,100 SF and two 1 bed / 1 bath cottages approximately… Read More 500 SF each. All units feature private yard space, individual utility meters, mini split systems, and ample on-site parking, creating an attractive setup for both tenants and owner-occupants alike. The 2 bedroom unit also includes an in-unit washer and dryer, further enhancing its owner-user appeal. The property underwent an extensive renovation in 2021, including significant interior and exterior improvements. Major upgrades completed during the renovation include electrical, plumbing, roof, stucco, and foundation work, offering a low-maintenance investment opportunity with strong long-term fundamentals. The vacant 2 bedroom unit provides immediate flexibility for an owner-user or the ability to lease at current market rents. The property also includes an approximately 460 SF detached two-car garage, which may offer future ADU conversion potential for an investor looking to maximize the site. Centrally located with convenient access to major freeways, employment centers, shopping, and dining, 4133–37 Van Dyke Avenue offers a compelling combination of functionality, privacy, and long-term upside. Read Less
Listing Snapshot
Days Online
18
Last Updated
Property Type
Triplex
Lot Size
0.16 Acres
Year Built
1950
MLS Number
PTP2603806
Additional Details
Building
Built in 1950, 4 buildings, 1 storey, Entry level: 1, Entry location: Front
Community
Biking, Curbs, Gutters, Park, Rural, StormDrains, StreetLights, Sidewalks, Urban
Expenses
Insurance: $3,000, Operating: $27,100
Garage
2 spaces
Home Owner's Association
Association Fee: $0
Income
Gross Income: $41,616, Gross ScheduledIncome: $41,616, Net Operating Income: $13,268
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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