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$1,450,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 3 days ago
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3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual Central A/C and Heating systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer - trendy restaurants, breweries, boutique shops, and parks - with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box.

Full Property Details for 4136 Cherokee

General

  • Price: $1,450,000
  • Status: Active
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 260017617
  • Updated: 7/17/2026
  • Added to Site: 4 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Pool: Yes

Location

  • Area: NORTH PARK (92104)
  • County: San Diego
  • Subdivision: NORTH PARK
  • Neighborhood: Teralta
  • Driving Directions: Please use Google Maps

Community

  • Assoc. Fees Include: N/K

Heating & Cooling

  • Cooling Type: Other (See Remarks)
  • Heating Type: Other (See Remarks)
  • Heating Fuel: Electric

Utilities

  • Water: Meter on Property
  • Utility Description: Sewer Connected

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Stucco, Wood/Stucco
  • Roof: Rolled/Hot Mop
  • Stories/Levels: 2
  • Year Built: 1982

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.08
  • Lot Size (Sq. Ft.): 3,419
  • Lot Size: .08
  • Zoning: R-3:RESTRI
  • Fencing (Description): Partial

Financial Considerations

  • Terms: Cash, Conventional, FHA, VA
  • Tenant Pays: Electricity, Gas/Propane, Hot Water, Sewer, Trash, Water

Disclosures and Reports

  • Property ID: 447-341-24-00

Listed by eXp Realty of California, Inc. (619) 618-7997, Bill Morton

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Listing agent

— 4136 Cherokee —

  • Bill Morton

    eXp Realty of California, Inc.

bill.r.morton@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4136 Cherokee

School District:San Diego City Unified School District
NameGradesDistance
Edison Elementary School, San Diego, CA
4077 35th Street, San Diego, CA 92104
K-50.2 mi
Wilson Middle School
3838 Orange Avenue, San Diego, CA 92105
6-80.3 mi
Hoover High School
4474 El Cajon Boulevard, San Diego, CA 92115
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4136 Cherokee Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/17/2026
Listed
$1,450,000
54.58%
MLS
3/31/2021
Sold
$938,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4136 Cherokee

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,270
11%
$1,015,317
4%
2023
$11,995
3%
$975,893
2%
2022
$11,675
325%
$956,759
335%
2021
$2,750
1%
$220,073
1%
2020
$2,717
2%
$217,817
2%
2019
$2,669
7%
$213,547
2%
2018
$2,496
2%
$209,361
2%
2017
$2,437
2%
$205,257
2%
2016
$2,396
1%
$201,233
2%
2015
$2,361
2%
$198,211
2%
2014
$2,325
—
$194,329
—
2013
$2,322
—
$193,452
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4136 Cherokee

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by eXp Realty of California, Inc. (619) 618-7997, Bill Morton

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4136 Cherokee, San Diego, CA 92104 (MLS# 260017617) is a Multi-Family property with 3 units containing 6 bedrooms, 3 full bathrooms and 3 partial bathrooms. 4136 Cherokee is currently listed for $1,450,000 and was received on July 17, 2026. Want to learn more about 4136 Cherokee? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

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