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.
Off market
Listing Provided by:
$1,946,700
306-12 35th St, San Diego, CA 92102
--beds
--baths
3,710sqft
Quadruplex
Built in 1979
-- sqft lot
$1,946,700 Zestimate®
$525/sqft
$3,703 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: March 22, 2025 at 02:06pm
Source: CRMLS,MLS#: NDP2502748
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

Facts & features
Interior
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
- Has fireplace: No
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 3,710
- Total interior livable area: 3,710 sqft
Property
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 0.49 Acres
- Features: Near Public Transit
Details
- Parcel number: 5452600900
- Zoning: Multi Family
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Curbs, Street Lights
Location
- Region: San Diego
Other
Other facts
- Listing terms: Cash,Conventional
Services availability
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Estimated market value
$1,946,700