San Diego CA  home offered at $2,250,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

Currently viewing 1 of 2
21 S 35th St
San Diego, California CA 92113
Sold For: $2,250,000
Listing ID: 230005647SD
Status: Closed
Sold Date: 6/21/2023

We are pleased to present for sale 21-33 South 35th St, a 10 unit fully-renovated property in central San Diego. The property is comprised of 5 structures - broken up into (4) Studios, (5) 1bed/1ba units, & (1) 3bed/2ba house, most units have private yards. The large 14,521 SqFt Lot has 12 parking spaces and ample potential for additional additional units between the structures. The property is zoned RM-1-1 and falls within a designated Opportunity Zone. Boasting an entry CAP rate of 5.59% with rental upside to a 6%+ Cap rate, 2 of the studio units are garage ADU conversions with new finishes throughout. Upgrades include, all new windows, all new floors, select bathrooms, new ext & int paint throughout, gutters, fences and yards. Don't miss this opportunity to own a large lot in a central core San Diego neighborhood at a fantastic price per door.

Primary Features

County: San Diego
Property Sub Type: Commercial/Residential
Property Type: Commercial Sale

Interior

Cooling: yes
Heating: yes
Heating Type: See Remarks

External

Construction Materials: Other
Number Of Buildings: 5

Location

Country: US
MLS Area Major: 92113 - Logan Heights

Additional

Co List Agent State License: 01992393
Co List Office State License: 01846358
Days On Market: 30
List Agent State License: 01844618
List Office State License: 01846358
Number Of Units Total: 10
Parcel Number: 5461360200

Financial

Cap Rate: 5.6
Current Financing: Other
Gross Scheduled Income: 186480
Net Operating Income: 125862
Operating Expense: 55956

Zoning Info


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Listed by: AdrianGonzalez-Pureco, DRE #01844618 from South Coast Commercial, Inc. 619-226-6011

Contact - Listing ID 230005647SD

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

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