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4151 35th Street

Active

Featured Listing

4151 35th Street

4151 35th St

$2,820,000

UNITS

12

PROPERTY TYPE

Multifamily

SQUARE FEET

5,276

CAP RATE

—

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

4151 35th Street

Address

4151 35th St, San Diego, CA 92104

Asking Price

$2,820,000

Units

12

Building Size

5,276 SF

Property Type

Multifamily

Cap Rate

—

Price Per Unit

$235,000

Status

Active

Broker

South Coast Commercial

Investment Opportunity

South Coast Commercial is pleased to present 4151 35th Street, a 12-unit multifamily investment opportunity located in the highly desirable North Park neighborhood of San Diego. The property includes 12 legal units plus an existing studio that is not yet permitted as a separate unit. Ownership has initiated the permitting process for the studio; current actual income reflects the 12 legal units only, while pro forma income reflects the studio as a permitted 13th unit upon completion of that process.

Positioned near University Avenue, Balboa Park, and San Diego’s key transportation corridors, the property offers convenient access to dining, retail, entertainment, and major employment centers. Offered at the lowest price per unit in 92104, this investment is well suited for buyers seeking an attractive basis, rental upside, and long-term appreciation potential in a strong urban rental submarket.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.​​​

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