21 S 35th St, San Diego, CA 92113
Commercial property
Sold June 2023
Listing Agent: Adrian Gonzalez-Pureco (DRE #01844618) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Maxwell Brown · CBRE · MLS #230005647SD · Source: CRMLS
About this commercial property
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.
Listing description from the June 2023 sale, as reported to CRMLS.
Sale history