– 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.
Property Details
Price:
$5,350,000
MLS #:
250035401SD
Status:
Active
Baths:
0
Address:
3864 35th Street
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92104northpark
City:
San Diego
Listed Date:
Aug 1, 2025
State:
CA
ZIP:
92104
Schools
Interior
Exterior
Construction Materials
Frame, Stucco
Parking Spots
11.00
Financial
Map
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Courtesy of Newmark of Southern California. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 3864 35th Street
San Diego, CA
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