3864 35th Street

Asking Price: $5,199,000

3864 35th Street, San Diego CA 92104

Community: ​92104 - North Park


This Commercial/Residential property was built in 0 and is priced at $5,199,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 250035401SD
  • Type: Commercial/Residential
  • Year Built: 0
- 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.