San Diego, CA 92105,3870 37th St
San Diego, CA 92105,3870 37th St
San Diego, CA 92105,3870 37th St
San Diego, CA 92105,3870 37th St
San Diego, CA 92105,3870 37th St
San Diego, CA 92105,3870 37th St
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Ruby Raymond

Ruby Raymond

Raymond Team | Modern Broker

+1(805) 201-6341
$ 2,650,000
Est. payment | /mo

Save
$ 2,650,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250020775SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

Turnkey 6-Unit Investment with Immediate Equity & Strong Cash Flow Potential. For investors seeking a strategic 1031 exchange or a high-demand, long-term buy-and-hold asset, this six-unit portfolio delivers immediate value. Priced at $2.65M, buyers step into built-in equity, with the units' full market valuation closer to $2.9M—creating an instant advantage in today's market. This offering includes six of eight total units in a well-maintained condo building. All units are currently tenant-occupied with month-to-month leases, providing flexibility for repositioning or seamless continuity of income. The property has historically low vacancy rates, reflecting strong rental demand in this sought-after, freeway-accessible yet quiet location. Unit Mix & Features: (2) 2BD/2BA (2) 2BD/1BA (2) 1BD/1BA Garages: Each 2-bedroom unit includes a private 1-car garage Shared Amenities: On-site laundry room, new common water heater. Recent Capital Improvements: New roof – reducing future CapEx Exterior fully renovated – Fresh paint, new doors, new fencing, repaired stucco, balconies, and facia - minimal deferred maintenance. Interiors are in solid condition, offering a low-maintenance investment with room for value appreciation. With a strong rent roll close to market rates, no major repositioning is required—yet there's flexibility to optimize returns over time. Cash, nonQM, or hard money financing only. Investors looking for a turnkey asset with built-in equity and stable cash flow—this is it. Contact for full financials and details.

Location

State CA

County San Diego

Area 92105 - East San Diego

Interior

Heating Forced Air

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition,Tile

Total Parking Spaces 6

Others

Tax ID 44747227

Acceptable Financing Cash

Listing Terms Cash

California Regional MLS (CRMLS)
Listed by Brietta Klein • Real Broker

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

rwgbjg

Exceptional Realtors

There are a number of solid and competent realtors that can help you navigate the paperwork needed to either close a sale or negotiate a purchase of a home. The number of exceptional realtors who can develop a effective markeketing plan based on research, investment and strength of intellect and character are few and hard to find. Patrick and Ruby Raymond are those exceptional realtors. In addition, the other members of their team were each exceptional and epitomize professionalism. When Patrick first approached me, he stated a price than our home would generate that exceeded what I thought the market would bear. Then he proceeded to explain how this sale price could happen. First, he knew our neighborhood and its strength and weaknesses regarding its saleability. Next, he revealed the investments he had made to obtain a data base of pre-qualified buyers from throughout our state and around the country. Finally, Patrick and Ruby provided an in depth strategy on how to stage our home, establish timelines, and present tools they would use to sell the home. Some of their strategies were known but not always followed by other realtors, and additional strategies were proprietary to the Raymond team. The result was that we received three offers each either meeting of exceeding what Patrick and Ruby first told us our home could sell for. Throughout the process they both remained calm and focused even when little hickups occurred. It was a learning experience for us when we had questions about staging the home I found out later from the buyers how much Rubys’ strategies influenced their purchasing decision. Needless to say it is without any reservations that we would recommend the Raymond team whether you are purchasing or selling a home. P.S. They even gave us great input on strategies on how to buy our current home in a very competitive market.

Heather Squire

Transparent, Reliable & Honest

Ruby was extremely helpful, open, transparent, and reliable through the whole process, she really cared about us, understood our needs. Ruby was always available to answer our questions. Ruby really is the best! She was thorough and professional and great to work with. She scheduled the inspection and pest company, made it so easy to get everything done. She was honest and forthright- no games. Would use her again tomorrow if we were to buy or sell in the area.

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

agent
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | ruby@rubyraymond.com

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