3864 35th Street Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92104
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250035401SD
Lot Size 7,130 Sqft
Property Sub-Type Mixed Use
Property Description
- 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.
Location
State CA
County San Diego
Area 92104 - North Park
Others
Virtual Tour https://www.propertypanorama.com/instaview/snd/250035401