4151 35th, San Diego, CA 92104
4151 35th, San Diego, CA 92104
4151 35th, San Diego, CA 92104
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Monica Franco

Monica Franco

+1(951) 538-6607
$2,820,000
Est. payment /mo
6,250 Sqft Lot
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260016954SD

HOA Y/N No

Lot Size 6,250 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County San Diego

Area 92104 - North Park

Interior

Fireplace No

Exterior

Total Parking Spaces 2

Others

Tax ID 4473202100

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Cody Evans South Coast Commercial, Inc. #01399935

Nearby Locations

GET MORE INFORMATION

Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Monica Franco, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.