6934 38 Mohawk St San Diego, CA 92115

Name: Open House - 5PM-7PM
Start: 2025-09-17T17:00:00.000Z
End: 2025-09-17T19:00:00.000Z
Location: 1548 Hunters Glen AVE, Chula Vista, CA 91913

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Michael J. Lofton

Broker | License ID: 01988777

+1(619) 983-8805

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Key Details

Sold Price $1,500,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Subdivision East San Diego

MLS Listing ID 250023914SD

Sold Date 06/26/25

HOA Y/N No

Year Built 1940

Lot Size 7,792 Sqft

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