306 12 35th Street San Diego, CA ^$ 1,950,000

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306 12 35th Street

San Diego, CA, 92102

^$ 1,950,000

Bedrooms9 Baths5.0 Sq 3,710

Monthly Estimate*

^$ 12,960

Listed by Coldwell Banker Realty

306 12 35th Street, San Diego, CA 92102 - Image 1

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Multi-Family Home for sale in San Diego, CA

for $1,950,000 with 9 bedrooms and 5 full baths. This 3,710 square foot home was built in 1979 on a lot size of 0.49.

Prime value-add opportunity in a highly desirable location! This well-maintained 4-plex offers strong rental income with significant upside potential. All tenants are on month-to-month leases, providing flexibility for rental increases or redevelopment. Unit Mix & Proforma Rents: Unit 1: 3 Bed / 2 Bath, 1,176 SF –Projected Rent: $3,200 Unit 2: 2 Bed / 1 Bath, 930 SF – Projected Rent: $2,500 Unit 3: 2 Bed / 1 Bath, 875 SF – Projected Rent: $2,500 Unit 4: 2 Bed / 1 Bath, 780 SF – Projected Rent: $2,500 Huge Development Potential! Large 0.49-acre lot with a vacant portion in the back – Ideal for adding more units. Zoning allows for up to 16 units with stunning downtown skyline views! This is a rare find with both immediate rental upside and long-term development potential.

Multi-Family Active

Price

^$ 1,950,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.49

Year Built

1979

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

NDP2502748

Days on Market

Features

General

Sewer PublicSewer

Zoning Multi Family

HOA Fee 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1979

Property Subtype Quadruplex

Gross Income 110400.0

Community Features Curbs StreetLights

County San Diego

Net Operating Income 99100.0

Operating Expense 11300.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions See Google Maps.

City San Diego

Entry Location Front

Senior Community Y/N N

Number Of Units Total 4

MLS Area 92102 - San Diego

Lot Size Units Acres

Lot Size Square Feet 21344.4

Carport Y/N N

Electric On Property Y/N N

Listing Terms Cash Conventional

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2502748

Standard Status Active

Year Built Source Assessor

Tax Lot 1152

Property Sub Type Additional Quadruplex

Taxes 0.0

Cap Rate 5.08

Exterior

Lot Features NearPublicTransit

Total Parking 0.0

Lot Size Area 0.49

Number of Buildings 4

Spa N

Building Area Total 3710.0

Lot Size Acres 0.49

Private Pool N

Lot Size Source Assessor

WaterfrontY/N N

Number of Separate Water Meters 3

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls OneCommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Laundry Features ElectricDryerHookup GasDryerHookup

Entry Level 1

Total Baths 0

Internal Only

Street Number 1 306

* Excluded Features

List By

Coldwell Banker Realty

Broker

(619) 218-1464

Phone

Affordability Calculator

$12,960

Per Month

Monthly Principal & Interest: $12,960
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,313,701

Percent of Sale Price 19%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/22/2025	$1,950,000		Listed Price

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306 12 35th Street, San Diego, CA, 92102 is a Multi-Family Home for sale at $1,950,000 with 3,710 sqft and a lot size of 0.49. 306 12 35th Street has 9 bedrooms, 5.0 baths, and was built in 1979. The property's zip code is 92102 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/5/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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306 12 35th Street

Multi-Family Home for sale in San Diego, CA

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