306 12 35TH STREET, SAN DIEGO CA 92102
- 3,710 sq.ft.
- 21,344 sq.ft. lot
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.
Listing Courtesy of Mirna Carson, Coldwell Banker Realty
Exterior Features
Use of this site means you agree to the Terms of Use
Based on information from California Regional Multiple Listing Service, Inc. as of March 22, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.