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$5,700,000
Est. payment /mo
8,448 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 8,448 sqft
Price per Sqft $674
MLS Listing ID 260011618
Property Sub-Type Com-Res Income
Property Description
Pleased to present a rare opportunity to acquire two adjacent assets in the heart of Point Loma, one of San Diego's most supply-constrained and desirable coastal submarkets. Located along Udall Street, these properties may be purchased individually or together, offering investors flexibility to target stable income, long-term appreciation, or a blended portfolio strategy. 3790 Udall Street | True NNN Hostel Investment 3790 Udall Street is a ±5,032 SF hostel property situated on 4,825 SF of land, offering true NNN income with minimal landlord responsibility. The property is master-leased through 2032, providing long-term, predictable cash flow. The tenant pays all operating expenses, including taxes, insurance, and maintenance, resulting in rent equal to NOI. 3778–3880 Udall Street | Renovated Duplex with Long-Term Upside 3778–3880 Udall Street is a fully renovated duplex totaling approximately 1,896 SF on 5,114 SF of land, featuring a desirable unit mix of one 3-bedroom/2-bath unit and one 2-bedroom/2-bath unit, both with modern finishes and garage parking. The property is leased through June 2028 at $6,500 per month, with 3% annual rent increases built into the lease structure. This asset offers investors stable tenancy today with embedded rent growth and long-term value upside, particularly given the property's coastal location, renovation quality, and limited supply of duplex housing in Point Loma.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 449-472-12,11
Special Listing Condition Call Agent
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Listed by Conor M Brennan, DRE#01918598 Conor Brennan, Broker
Nearby School & Business
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