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306 12 35th Street, 
San Diego, CA 92102

$1,950,000


Bed


Bath


3,710

Sq Ft


Multi-Family


Virtual Tour

Active

858-459-3851

Last updated:

April 23, 2025, 10:55 AM

MLS#

NDP2502748

Source:

CRMLS

Company Logo

About This Home

306 12 35th Street

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.

Home Facts

Multi-Family

Built in 1979

Price Summary

1,950,000

$525 per Sq. Ft.

MLS #:

NDP2502748

Last Updated:

April 23, 2025, 10:55 AM

Added:

2 month(s) ago


Rooms & Interior

Interior

Living Area:

3,710 Sq. Ft.


Structure

Structure

Building Area:

3,710 Sq. Ft.

Year Built:

1979


Lot

Lot Size (Sq. Ft):

21,344


Finances & Disclosures

Finances

Price:

$1,950,000

Price per Sq. Ft:

$525 per Sq. Ft.

Source:CRMLS
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). Coldwell Banker Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Coldwell Banker Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.