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Sold for $1,500,000 on 06/26/25
  • $1,500,000

    6934-38 Mohawk St, San Diego, CA 92115

    5beds
    4baths
    --sqft
    Multi Family
    Built in 1940
    -- sqft lot
    $1,494,100 Zestimate®
    $--/sqft
    $4,960 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: June 28, 2025 at 09:33am

    Listed by:

    Mike Acker DRE #01356721 619-454-0620,

    Hunter & Maddox Intl. Inc.

    Bought with:

    Assaf Avissar, DRE #01404616

    Coldwell Banker West

    Source: SDMLS,MLS#: 250023914MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Wall/Gravity, Zoned Areas
    Cooling
    • Heat Pump(s), Zoned Area(s)
    Interior area
    • Total structure area: 2,006

    Property

    Features
    • Levels: 1 Story
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Gate
    • Has view: Yes
    • View description: N/K
    • Frontage type: N/K,Other/Remarks
    Lot
    • Size: 7,840 sqft
    Details
    • Parcel number: 4681612300
    • Special conditions: N/K

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Other/Remarks
    Condition
    • Year built: 1940

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: N/K
    Location
    • Region: San Diego
    • Subdivision: EAST SAN DIEGO

    Other

    Other facts
    • Listing terms: Cal Vet,Cash,Conventional,Exchange,FHA
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,494,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,494,100