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 Details
Price:
$1,950,000
MLS #:
NDP2502748
Status:
Active
Baths:
0
Address:
306 35th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
92102sandiego
City:
San Diego
Listed Date:
Mar 4, 2025
State:
CA
ZIP:
92102
Lot Size:
21,344 sqft / 0.49 acres (approx)
Year Built:
1979
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Schools
Interior
Exterior
Community Features
Curbs, Street Lights
Garage Spaces
0.00
Lot Features
Near Public Transit
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Financial
Association Fee
0.00
Map
Community
- Address306 35th Street San Diego CA
- Area92102 – San Diego
- CitySan Diego
- CountySan Diego
- Zip Code92102
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306 35th Street
San Diego, CA
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