1936 Dale St, San Diego, CA

Name: 1936 Dale St, For Sale in San Diego - eXp Realty
Brand: eXp Realty of California, Inc.
SKU: 260013283SD
Price: 1795000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,795,000

000

MLS® 260013283SD

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size -

Garage

Taxes

Days Active 0

Lot Size

Approx. Age 1949

MLS® Number 260013283SD

Property Address: 1936 Dale St, San Diego, CA, 92102-1114

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional South Park Triplex with Income Upside and Development Potential. Rare opportunity to acquire a beautifully maintained three-unit income property in one of San Diego's most desirable urban neighborhoods. Located in the heart of South Park, just blocks from Balboa Park, this unique property offers a compelling combination of current cash flow, future rental upside, development potential, and the charm that makes South Park one of San Diego's most sought-after communities. The property consists of three well-maintained 1-bedroom residential units in a tranquil garden-like setting. Mature landscaping, abundant greenery, and private outdoor living spaces create an environment that feels more like a collection of individual homes than a traditional income property. Each residence enjoys its own private patio area, providing tenants with valuable outdoor space and enhanced privacy.The units have been meticulously maintained, each with in-unit washer/dryers, dishwashers, tankless hot water heaters, and separately metered utilities paid directly by the tenants (owner currently pays water service only). The property currently generates approximately $103, 000 in annual gross rental income, with estimated market rents supporting potential gross income of approximately $112, 000 annually, offering investors potential upside opportunities. Notably adding to the property's appeal is a 400 sf detached two-car garage with ADU potential (currently not included for tenants’ use) with City-approved architectural plans for future use as an office/workspace. South Park continues to be one of San Diego's most vibrant and enduring neighborhoods, known for its walkability, historic character, independent restaurants, neighborhood cafes, local boutiques, and proximity to Balboa Park, downtown San Diego, and major employment centers. Properties offering this combination of location, condition, income stability, and future upside are increasingly rare. Whether seeking a long-term investment, a value-add opportunity, or a property with potential for future owner-user flexibility, this exceptional South Park triplex offers a unique opportunity in one of San Diego's premier rental markets.

MLS® Number260013283SD

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1949

Basement

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 2, 2026List Date

$1,795,000List Price

Commute

Commute

Starting Address

Destination Address

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eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker

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