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Back 3862 Swift Avenue
Off Market

3862 Swift Avenue

San Diego CA 92104

13
9
10
4000 sq. ft.
Other
Last sold for $1,870,000
Jason LeeJason Lee, last sold this property on 25 August 2025 after 123 days on market.

Overview

Turnkey 5-unit multifamily asset in the high-demand North Park metro area, right at the edge of the Corridor/Cherokee Point neighborhoods. 3862-70 Swift Ave includes three 3BD/2BA units, one 2BD/2BA, and one 2BD/1BA—all fully rehabbed and updated with modern finishes and systems. Zero deferred maintenance and minimal capex projections in the long run make this a highly sought after passive real estate investment. Currently generating $14,784/month in gross rents with a 6.0% cap rate. Pro forma income is $15,975/month, delivering a projected 6.7% cap rate at market rates with consistent rent increases. This fully stabilized investment opportunity offers high upside in a rapidly appreciating submarket. Strong unit mix, updated interiors, and proximity to North Park’s retail, dining, and transit make this an ideal asset for investors seeking solid in-place income with future growth potential. Clean financials, renovated product, and a location that consistently drives tenant demand.

Features

13 bedrooms
9 bathrooms
10 carspaces
4000 sq. ft. floor area
Other

Estimated Value

We need at least 3 similar 13 bedroom other properties sold in San Diego over the last 12 months.

Property history for 3862 Swift Avenue

2025
Sold
$1,870,000
25 Aug 2025 by Jason Lee, of Nara Advisors, Inc.

Happy sellers in San Diego

92%
92% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in San Diego over the last 12 months.

Local market activity for 13 bedroom other properties in San Diego

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