3865-71.5 Menlo Ave possesses 4 units consisting of a detached 2 Bed / 1 Bath House, (3) 1 bed / 1 bath units, community laundry room, and 5 off-street parking spaces. The property produces a strong $107,772 Gross Scheduled Income with a Net Operating income of $79,315 yielding an above market true 5.69% Cap Rate. A savvy investor may elect to renovate units to achieve even higher rents. The contiguous 10 unit property 3877 Menlo Ave is also available for sale with the same ownership.
For sale
Listing Provided by:
Maxwell Brown DRE #02127395 mbrown@caacre.com,
Commercial Asset Advisors
Price cut: $500 (8/12)
$1,389,500
3867-71 Menlo Ave, San Diego, CA 92105
5beds
4baths
3,000sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$1,369,800 Zestimate®
$463/sqft
$-- HOA
What's special
Community laundry roomOff-street parking spaces
- 91 days
- on Zillow |
- 331 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: August 12, 2025 at 01:54pm
Listing Provided by:
Maxwell Brown DRE #02127395 mbrown@caacre.com,
Commercial Asset Advisors
Source: CRMLS,MLS#: PTP2503727
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Common Area
Features
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Video & virtual tour
Property
Parking
- Parking features: Assigned
Features
- Entry location: Street
- Pool features: None
Lot
- Size: 5,863 Square Feet
- Features: 26-30 Units/Acre
Details
- Parcel number: 4715910500
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Features: Curbs
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $463/sqft
- Date on market: 5/21/2025
- Listing terms: Conventional,Fannie Mae
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