4636 40 Cherokee Ave, San Diego, CA 92116

Property Description

Exceptional opportunity to own a versatile triplex in one of San Diego’s most sought-after urban neighborhoods. Just moments from the vibrant corridors of Kensington and Normal Heights, this property offers the perfect blend of character, convenience, and income potential. The detached front home features 2 bedrooms and 1 bath. Recent improvements enhance functionality while preserving its vintage charm, creating a warm and inviting atmosphere that truly feels like home. The front house also offers in-unit laundry and off-street parking for added convenience. Behind the main home are two 1-bedroom, 1 bath units. Each unit has its own dedicated parking space and private alley access, offering privacy and ease of management. A detached garage, currently used for storage, also houses laundry facilities for the two rear units, providing practical utility and added tenant convenience. The expansive backyard provides rare flexibility. It can function as a shared community-style outdoor retreat or be easily partitioned to create private yard spaces for each unit. Whether you're an investor seeking strong rental demand in a prime location or an owner-occupant looking to live in one unit while offsetting your mortgage with rental income from the others, this property delivers exceptional opportunity in a highly walkable neighborhood surrounded by local dining, coffee shops, and boutique retail.