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Rachell Lara

rachell@laraandco.com +1(619) 316-7445

$ 1,199,990

Est. payment | -/mo

Save Virtual Tour

$ 1,199,990

Est. payment | -/mo

Save Virtual Tour

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2602956

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

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

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2602956

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Andrew Santiago Real Broker 619-758-5707, DRE #01975921

NEARBY SCHOOL & BUSINESS

+1(619) 316-7445

rachell@laraandco.com

1420 Kettner Blvd. # 100, Diego, CA, 92101, USA

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San Diego Cities & Communities

36 1/2 35th ST San Diego, CA 92102