332 36 1/2 35th Street, San Diego, CA 92102

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Sold Price
$1,190,000
List Price
$1,199,990
Closing Date
May 29, 2026
Status
CLOSED
MLS#
PTP2602956
Year Built
1960
Lot Location
0-1 Unit/Acre, Back Yard, Level, Near Park, Near Public Transit, Walkstreet, Yard
Days on Market
11
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

Introducing 332-336 1/2 35th St, a quadplex at an unbeatable price of just $300,000 per door. All 4 units offer a 2 bedroom/ 1 bath layout. with pro forma rents yielding an impressive cap rate of 7.39%. This is the investment you have been searching for! Below-market rents present immediate upside for value-add potential. Each unit boasts its own gas, electric, and water heater, ensuring convenience and clarity for the next owner. The property has been enhanced with new windows and a fresh coat of paint, while major components have received recent upgrades. This allows you to focus on refining cosmetic details to maximize each unit's earning potential. Located conveniently near shopping, transit, and major highways (15 and 94), this property promises low vacancies. Tenants are currently on a month-to-month basis and are eager to stay.

Additional Information

Pool Description
None
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$70,440
Operating Expense
7042

Listing courtesy of Listing Agent: Andrew Santiago (santiago.sells.realestate@gmail.com) from Listing Office: Real Broker.

Listing sold by Frank Marquez from Finest City Homes & Loans

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.