San Diego, CA 92104,3864 35th Street
San Diego, CA 92104,3864 35th Street
San Diego, CA 92104,3864 35th Street
13
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$5,350,000
Est. payment /mo
7,130 Sqft Lot
Active

3864 35th Street San Diego, CA 92104

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250035401SD

HOA Y/N No

Lot Size 7,130 Sqft

Property Sub-Type Mixed Use

Property Description

- Newer vintage (1986) when compared to the majority of the submarket meaning far less capital expenditure needed vs. comparable properties - 11/18 units renovated already with room to push rents - Below market rents (~20.6%) across the board - 6.5% cap + mark-to-market - No new construction in the immediate submarket - Average per unit sale in past 12 months in 92104 zip code is $411,000/unit vs. asking price of $297,000 is a ~28% discount to comparable sales Encouraging all offers.

Location

State CA

County San Diego

Area 92104 - North Park

Interior

Fireplace No

Exterior

Total Parking Spaces 11

Others

Tax ID 44745227

Virtual Tour https://www.propertypanorama.com/instaview/snd/250035401


CRMLS – RECore
Listed by Erik Anderson Newmark of Southern California
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agent

Faby Llerandi

Broker Associate | License ID: 01157215

+1(951) 520-0260

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3864 35th Street