Back 4358 36th Street
Off Market

4358 36th Street

San Diego CA 92104

4
4
2200 sq. ft.
6261 sq. ft.
Multi-Family
Last sold for $1,375,000
Jason LeeJason Lee, last sold this property on 26 January 2026 after 165 days on market.

Overview

Located in the heart of Normal Heights, this well-positioned fourplex offers a rare combination of current cash flow and long-term upside in one of San Diego’s most desirable rental submarkets. The property consists of four 1-bedroom,1-bathroom units, along with four single-car garages at the rear of the lot. The garages provide flexibility for additional income through parking rentals or future ADU conversions, subject to city approval. With in-place rents generating $7,180 per month, this asset offers immediate cash flow and clear upside through unit renovations and rent growth. Located in a supply-constrained, high-demand submarket, it offers a rare blend of stability, value-add potential, and long-term investment appeal. Situated on a spacious 6,261 square foot parcel, the density of the lot is currently at a 6.5 FAR in Tier 3 of the Complete Communities Ordinance of San Diego County. This allows for significant redevelopment potential to maximize the allotted space in one of metro San Diego's most rapidly appreciating submarkets. Normal Heights remains one of San Diego’s most walkable and in-demand neighborhoods, known for its eclectic charm, strong tenant demand, and close proximity to coffee shops, restaurants, bars, and freeway access. This location consistently draws quality tenants, adding another layer of confidence to any investment strategy.

Features

4 bedrooms
4 bathrooms
2200 sq. ft. floor area
6261 sq. ft. lot size
Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in San Diego over the last 12 months, the estimated median property value of 4358 36th Street is $1.48m.

Median value
$1.48m
Estimated value range
$962k - $1.95m
Median days on market
39
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in San Diego. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4358 36th Street

2026
Sold
$1,375,000
26 Jan 2026 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 4 bedroom multi families in San Diego

In the last 12 months, 11 four-bedroom multi families similar to 4358 36th Street, have been sold.

This represents a 100% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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