Ideal Ocean Beach/Point Loma location with outstanding owner-user, investment, and development potential. This well-maintained duplex offers a rare opportunity to enter one of San Diego's most sought-after coastal communities. Live in one unit and rent the other, hold as a cash-flowing investment, or explore future development possibilities. Both units are currently leased on a month-to-month basis, providing flexibility for owner-occupants, investors, or developers. The property features a spacious layout, a two-car garage, and benefits from the Quieter Home Program with newer dual-pane windows and AC already installed. The garage may offer an excellent opportunity for conversion to additional living space or a potential ADU, subject to buyer verification. For those seeking a larger development opportunity, this property may be purchased together with the adjacent property, MLS #260013381, creating the potential for a larger assemblage with expanded redevelopment possibilities. Buyers are encouraged to review the attached zoning and development analysis and verify all future use options. Conveniently located just minutes from Ocean Beach, Point Loma, beaches, restaurants, shopping, schools, and major transportation routes, this property combines immediate usability with significant long-term upside. Properties offering this combination of location, flexibility, income potential, and future development opportunities rarely become available. Don't miss this exceptional coastal investment opportunity.
Listed by Lanz Correia
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License #01883404
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Coldwell Banker West
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619-564-6355
Last updated June 12, 2026
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Source: CRMLS #260013380SD
Listing Facts
TypeMulti-family
NeighborhoodLoma Portal
Days on Prevu13
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
06/03/2026
Listed by Coldwell Banker West
$1,395,000
Property Details for 3836 38 Udall St
Exterior
Construction
Number Of Units Total: 2
Roof: Composition
Stories: 1
Stories Total: 1
Year Built: 1952
Features
Fencing: Partial
Measurements
Lot Size Acres: 0.12
Lot Size Area: 5,296
Lot Size Source: Assessor
Lot Size Square Feet: 5,296
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 2.25
Taxes
Parcel Number: 4494711000
Other
Location
Subdivision Name: Ocean Beach
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Electric, Forced Air
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 3836 38 Udall St.
How does 3836 38 Udall St compare to other multi-family homes in Loma Portal?
This multi-family home is listed 17% below the average price for multi-family homes in Loma Portal and has been on the market for 13 less days than the typical home in this area.
3836 38 Udall St is a -bedroom multi-family home for sale in San Diego CA 92107. Listed on Prevu for 13 days at $1,395,000. This home is located in Loma Portal. The median listing price for multi-family homes in this area is $1,825,000. Additional amenities include air conditioning and parking. Explore more multi-family home listings in San Diego.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.