306 12 35th Street San Diego, CA 92102
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Mirna Carson / Richard Julian

  306 12 35th Street San Diego, CA 92102

Active (29 Days)
$1,950,000

Description

Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF –Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF – Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF – Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF – Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back – Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.

MLS #:
NDP2502748
Lot Size
0.49 acres
Type
Multifamily
Year Built
1979
County
San Diego County

Listed By

Mirna Carson, DRE #01062264 CA, Coldwell Banker Realty
Richard Julian, DRE #01467933 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Apr 2 2025 at 10:03 PM GMT+0000
Bathroom Details
Interior Features
  • Laundry: Gas Dryer Hookup
  • Laundry: Electric Dryer Hookup
Lot Information
  • Near Public Transit
Utility Information
  • Sewer: Public Sewer
Location
   
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