2 months on rocket

225231 35th St, San Diego, CA, 92102

$1,580,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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225231 35th St, San Diego$1,580,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1949
MLS #NDP2408975
Lot Size0.12 Acres
StatusActive

About 225231 35th St

EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attracts long term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which will provide its owner with a myriad of tax benefits and economic incentives. This is a perfect multi unit opportunity for both new and seasoned investors alike. Own a special piece of San Diego and let this property bring you great returns.

Property Details

Property Features

Property Information:

  • Year Built: 1949
  • Stories: 1

Listing Office:

  • Office Name: Compass
  • Office Email: tanyaparksre@gmail.com
  • Listing Agent: Tanya Parks

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Landscaped, Level
  • Lot Size: 0.12 Acres

Other

Directions Information:

  • Directions: Use GPS.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,580,000
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Housing Market Comparison

See how this home compares to others in San Diego, CA.

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San Diego, CA

City

Med. Sold Price

$951.5K

Med. Price/SqFt

$704

Avg. Days On Market

34

# of Sold Homes

641

225231 35th St vs San Diego

88 DAYS ON ROCKET

+54 Days

$1,580,000

+$628.4K More

KEY TAKEAWAY

This property is $628.4K more than the Median Sold Price in San Diego, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #NDP2408975

Listing Office:

  • Office Name: Compass
  • Office Email: tanyaparksre@gmail.com
  • Listing Agent: Tanya Parks

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/2/2025, 10:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,953

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,803

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-19228
5
/10

  • Adams Elementary School

  • 4672 35th St

  • 0.87 miles

  • Public District Grades KG-5

school-card-donut-19229
5
/10

  • Normal Heights Elementary School

  • 3750 Ward Rd

  • 0.90 miles

  • Public District Grades KG-5

school-card-donut-19230
3
/10

  • Franklin Elementary School

  • 4481 Copeland Ave

  • 1.22 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,537. The majority of San Diego, CA residents have income between $100k-200k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 225231 35th St

What is the listing price of this property?

The listing price of 225231 35th St property is $1,580,000.

What type of property is this?

The property 225231 35th St is a house located in San Diego, California, 92102.

Is this property for sale now?

Active Listing: 225231 35th St is For Sale (Active/New) which means the seller is accepting offers.

Which year was this property built?

The year of construction for 225231 35th St is 1949.

Rocket Homes›California›San Diego County›San Diego›92102›225231 35th St

This home is located at 225231 35th St in San Diego, CA and zip code 92102 in the Mid-City neighborhood. This home, which was built in 1949, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 06, 2024 and is currently priced at $1,580,000.

While more than 179 listings in San Diego, CA in December 2024 were sold above asking price, there were more than 111 listings sold at asking price, and more than 351 were sold below. The inventory of homes for sale in San Diego, CA between November 2024 and December 2024 decreased by 8.1%. In December 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $951,513.

From Rocket Homes Real Estate and based on county public records data.

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