For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,190,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PTP2602956
Sold Date 05/29/26
HOA Y/N No
Year Built 1960
Property Sub-Type Quadruplex
Property Description
Introducing 332-336 1/2 35th St, a quadplex at an unbeatable price of just $300,000 per door. All 4 units offer a 2 bedroom/ 1 bath layout. with pro forma rents yielding an impressive cap rate of 7.39%. This is the investment you have been searching for! Below-market rents present immediate upside for value-add potential. Each unit boasts its own gas, electric, and water heater, ensuring convenience and clarity for the next owner. The property has been enhanced with new windows and a fresh coat of paint, while major components have received recent upgrades. This allows you to focus on refining cosmetic details to maximize each unit's earning potential. Located conveniently near shopping, transit, and major highways (15 and 94), this property promises low vacancies. Tenants are currently on a month-to-month basis and are eager to stay.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning R-2:MINOR MULTIPLE
Interior
Fireplace No
Laundry See Remarks
Exterior
Pool None
Community Features Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Level, Near Park, Near Public Transit, Walkstreet, Yard
Story 2
Sewer Public Sewer
New Construction No
Others
Senior Community No
Tax ID 5452600800
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP

Bought with Frank Marquez Finest City Homes & Loans
Nearby Locations
GET MORE INFORMATION



