Sold

21-33 S 35th St

Logan Heights CA, 92113

$2,250,000


$486.07 per sqft

Sold

4 Beds

4,629 sqft

Commercial

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.

230005647

MLS ID

March 27, 2023

Listed

February 15, 2024

Updated

Map

21-33 S 35th St
Logan Heights CA, 92113

Interior Features

Total Stories

2


Bedrooms

4 Beds


Laundry Description

Owned


Floor Description

See Remarks, Other


Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Other/Remarks

Exterior/Building Features

Exterior Features

None


Roof

Other

Other Property Details

Area Name

Metro Central


Days on Market

30


Garage

No


Parking

Spaces


View

No


County

San Diego


Pool

No


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

9/8/2023

Sold

$2,250,000

5/23/2023

Pending

Listed by South Coast Commercial, Inc., Adrian Gonzalez-Pureco,
Listing Contact: 858-735-9977 

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