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$1,300,000
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Property Description
3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents.
Full Property Details
Full Property Details for 3867-71 Menlo Ave
General
- Sold For: $1,300,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PTP2503727
- Added to Site: 278 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: 92105 - East San Diego
- County: San Diego
- Development Name: 92105 - East San Diego
- Driving Directions: GPS
Utilities
- Sewer: Public Sewer
- # Water Meters: 1
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Entry Location: Street
- Square Feet: 3,000
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1346
- Lot Size Source: Public Records
- Zoning: RM
- Lot Description: 26-30 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $433.33
- Price Per Unit: 325000
Listed by Commercial Asset Advisors, Maxwell Brown
Sold by Real Broker, Ryan Sun
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Schools
Schools serving 3867-71 Menlo Ave
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Rosa Parks Elementary School, San Diego, CA 4510 Landis Street, San Diego, CA 92105 | K-5 | 0.2 mi |
Clark Middle School 4388 Thorn Street, San Diego, CA 92105 | 6-8 | 0.6 mi |
Hoover High School 4474 El Cajon Boulevard, San Diego, CA 92115 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3867-71 Menlo Ave
Date
Details
Price
Change
Source
9/11/2025
Sold
$1,300,000
-6.44%
MLS
8/12/2025
Price Reduced
$1,389,500
-0.04%
MLS
6/11/2025
Price Reduced
$1,390,000
-0.36%
MLS
5/21/2025
Listed
$1,395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3867 71 Menlo Avenue, San Diego, CA 92105 (MLS# PTP2503727) is a Multi-Family property that was sold at $1,300,000 on September 11, 2025. Want to learn more about 3867 71 Menlo Avenue? Do you have questions about finding other Multi-Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

