About 3938 42 La Salle Street
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
Features of 3938 42 La Salle Street
| MLS® # | 260017545SD |
|---|---|
| Price | $1,650,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Acres | 0.10 |
| Year Built | 1965 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 3938 42 La Salle Street |
|---|---|
| Area | 92110 - Old Town Sd |
| Subdivision | Point Loma |
| City | San Diego |
| County | San Diego |
| Zip Code | 92110 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Appliances | Gas Water Heater |
|---|---|
| Heating | Natural Gas |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Roof | Composition, Rolled/Hot Mop |
|---|
Additional Information
| Date Listed | July 17th, 2026 |
|---|---|
| Days on Market | 60 |
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Salvatore Cefalu |
|---|---|
| Office | Keller Williams San Diego Metro |