$2,820,000

Residential Income In San Diego

  • 14 Beds
  • 13 Baths
  • 5,276 Sqft
  • 6,250 Sqft lot
  • Updated: July 11
  • 1
    Views for last 30 days
  • Source:
    San Diego MLS  MLS#260016954

About the Property

Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included i
Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included in these figures. Ownership has initiated the permitting process for the studio and, once complete, pro forma income reflects the studio as a fully permitted 13th unit. With rental upside across the unit mix and an attractive basis relative to the surrounding market, this offering is well suited for investors seeking both stable current income and long-term upside.
  • Property type

    Other

  • Floors

    2

  • Price/sqft

    $534

Explore the Area

4151 35th, San Diego, California, United States View on Google Maps
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South Coast Commercial, Inc. - San Diego

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South Coast Commercial, Inc. - San Diego
California, United States
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13
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2025
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South Coast Commercial, Inc. - San Diego
San Diego, California, United States
View agency profile
Last updated
July 11
First listed
Jul 11
Listing reference
260016954
Listing status
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