2036 38 Emerald St, San Diego, California 92109, San Diego, - bed, bath

home-pic
ACTIVE$2,800,000
2036 38 Emerald St, San Diego, California 92109
7Beds
6Baths
3,431Sqft
Lot
Year Built
1957
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
250041753SD
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Variance granted for alternate property class. Must have confirmed appointment. Excellent coastal opportunity for this conveniently located triplex, just minutes from the freeway, a short bike ride to Mission Bay and Tourmaline, and steps from Pacific Plaza’s Trader Joe’s, Vons, and the vibrant offerings of Garnet Avenue. Perfect for investors or owner-occupants, this property offers potential for value-add improvements, short-term rental income, or personal use. The primary home (2036 Emerald) is a detached single-level 3-bed, 2-bath home, with a private patio, two-car garage, and additional driveway parking. It features recent kitchen and bathroom remodels and is move-in ready. The rear building, located on the alley (2038 Emerald), is a two-story duplex with mirror-image units, each around 1,100 square feet with 2 beds, 1.5 baths, in-unit laundry, and a roof replaced in 2023.

Price History

Date
Event
Price
10/16/25
Listing
$2,800,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (73 Listings)
Beds73
99%
Baths63
96%
Square foot3,4311,903
95%
Lot Size06,500
Price$2.8M$2.1M
78%
Price per square foot$816$1,249.5
11%
Built year19579850985
27%
HOA
Days on market20170
1%
Condition Rating
Excellent

Despite being built in 1957, the property has undergone extensive recent renovations. The primary home features 'recent kitchen and bathroom remodels' which are evident in the images, showcasing new white shaker cabinets, quartz countertops, subway tile backsplashes, modern fixtures, and stainless steel appliances. The bathrooms also appear fully updated with contemporary finishes. Hardwood flooring and recessed lighting are prevalent. Furthermore, the roof on the rear duplex building was replaced in 2023, indicating significant recent investment in major systems. All visible components appear new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Prime Coastal Location: The property boasts an excellent coastal location in Pacific Beach, minutes from the freeway, a short bike ride to Mission Bay and Tourmaline, and steps from essential amenities like Trader Joe's, Vons, and Garnet Avenue's vibrant offerings.
Income-Generating Triplex: As a conveniently located triplex, it offers significant potential for rental income, short-term rentals, or owner-occupancy with supplemental income, appealing to both investors and owner-occupants.
Recent Major Updates: The primary home features recent kitchen and bathroom remodels, making it move-in ready, and the rear duplex building had its roof replaced in 2023, reducing immediate capital expenditures for a buyer.
Versatile Use Potential: The property's configuration and location make it suitable for various uses, including a full investment property, an owner-occupied residence with rental income, or a multi-generational living arrangement.
Ample Parking: The primary home includes a two-car garage and additional driveway parking, a significant advantage in a dense coastal neighborhood where parking is often at a premium.

Cons

High Investment Cost: The list price of $2.8 million represents a substantial investment, which may limit the pool of potential buyers to those with significant capital or financing capabilities.
Age of Structure: Built in 1957, while some updates are noted, the underlying systems (e.g., plumbing, electrical, foundation) of an older property may require further inspection and potential future investment beyond the recent remodels.
Zoning/Classification Ambiguity: The 'Variance granted for alternate property class' and the 'Single Family Residence' sub_type for a described 'triplex' could introduce complexities in financing, insurance, or future development/modifications, requiring careful due diligence.

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