306 12 35th ST Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92102
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRNDP2502748
Year Built 1979
Property Sub-Type Fourplex
Property 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.
Location
State CA
County San Diego
Area 92102 - San Diego
Interior
Laundry 38
Exterior
Pool None
Others
Special Listing Condition Not Applicable