3938-42 La Salle St, San Diego, CA, 92110
About This Home
A rare opportunity in one of San Diego's hottest redevelopment corridors. This 3-unit property delivers strong cash flow today with an attractive value-add upside on rents.Versatile unit sizing offers a flexible canvas for repositioning or redevelopment. The property also features ample exterior parking for 8 cars, a rare and valuable amenity in this submarket.Situated on the edge of Point Loma, this location puts you minutes from Mission Beach, Ocean Beach, and Point Loma proper, with the vibrant Midway District just a short walk away. Whether you're looking to capture immediate cash flow, push rents to market, or plan for future redevelopment, this property checks every
Getting Around
Very Walkable
Some Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1965
Materials
- Roof: Composition,Rolled/Hot Mop
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating & Cooling
- Heating features: Wall/Gravity
- Cooling features: N/K
Interior Area
- Total structure area: 2,150
Property
Details
- Parcel number: 4411831900
- Zoning: MULTI
- Zoning description: MULTI
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial
- Has view: Yes
- View description: Other/Remarks
- Frontage type: N/K
Lot
- Lot size: 4,367 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,343 | $100,116 |
| Home Insurance * | $177 | $2,124 |
| Property Taxes | $1,911 | $22,932 |
| Electricity | $398 | $4,786 |
| Total | $10,829 | $129,948 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-17 | Listed for sale | $1,650,000 |
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