6934-38 Mohawk St Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,006 sqft
Price per Sqft $772
Subdivision East San Diego
MLS Listing ID 250023914
Bedrooms 5
Full Baths 4
Year Built 1940
Lot Size 7,792 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Unlock the full potential of this ideally located triplex in one of San Diego's most promising growth corridors. Situated on a nearly 8,000 SF lot with alley access, this income-generating property offers immediate cash flow and serious upside. Currently configured as a charming 1940s Spanish-style front home plus two rear units, the property generates $7,530/month in rental income. The front 3BD/2BA home leased at $3,590/month through 9/2025, with two updated 1BD/1BA units leased through 10/2025. Each unit features updated kitchens and baths, modern vinyl flooring, private fenced patios, and in-unit laundry. But the true value lies in what's next. The owner has completed architectural plans and surveys for a 950 SF 4th unit—a 2BD/1BA with an attached 2-car garage and 3 additional carport spaces off the alley. Plans are ready to submit for permits, and new zoning may allow for up to 6 units total. Whether you're looking to build out now or hold for future development, this is a rare opportunity to expand your portfolio in a high-demand rental area just minutes from SDSU, transit lines, and major redevelopment zones. Newer white reflective roofs (2018), updated interiors, and flexible layout also make this a great owner-occupant option—live in the front, build and cash-flow the back. Don't miss this chance to invest in long-term appreciation, passive income, and scalable development potential in a location poised for explosive growth.
Unit Living Space divided approximately as follows per appraisal 2023 Main Home 6934 - 1002sf Middle (Smaller) Casita - 454sf Rear Casita (On Alley) - 550sf
Location
State CA
County San Diego
Community East San Diego
Area San Diego (92115)
Building/Complex Name NA
Interior
Heating Electric,Natural Gas
Cooling Heat Pump(s),Zoned Area(s)
Fireplaces Number 1
Exterior
Exterior Feature Stucco
Parking Features Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K
Fence Gate
Roof Type Other/Remarks
Building
Lot Description Alley Access,Public Street,Sidewalks,Street Paved
Story 1
Sewer Sewer Connected
Water Meter on Property
Others
Acceptable Financing Cal Vet,Cash,Conventional,Exchange,FHA
Space Rent $3,590
Listing Terms Cal Vet,Cash,Conventional,Exchange,FHA
Pets Allowed Yes
Virtual Tour https://www.propertypanorama.com/instaview/snd/250023914