306 12 35th Street

San Diego, CA 92102

  • 9 Bed(s)
  • 5 Bath(s)
  • 3,710 Sqft
  • 21344.4
    Sqft(Lot)
$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.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    49057869

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Sewer : Public Sewer

    Cooling Features

    • Air Conditioning

    Heating Source

    • Has Heating

    Fireplace

    • Has Fireplace: 0

  • Building Information

    • Year Built: 1979
    • Building Area Total: 3,710

    Pool Features

    • None

    Laundry Features

    • Electric Dryer Hookup,Gas Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.49
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 21344.4

  • Listing Price Information

    • Original List Price: 1,950,000
    • Listing Contract Date: 2025-03-04

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5452600900

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92102 - San Diego
    • Directions: See Google Maps.
    • Zoning: Multi Family
    • Source Property Type: Residential Income
    • Area: 92102 - San Diego
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 46
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
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BuyOwner last updated this listing 04/26/2025 @ 21:26

  • MLS: NDP2502748
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 3,710 sqft, 21,344 sized lot, and 0 parking. are nearby neighborhoods.