332 35th Street
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332 35th Street

D

San Diego, CA 92102

$1,199,990
NEW — 2d

Beds

Baths

Sqft

2,832

Year Built

1960

Days on Market

2

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602956

This property is in San Diego (92102). View neighborhood stats →

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About This Property

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.

Mortgage Calculator

Est. Monthly Payment

$7,618

Principal & Interest$6,068
Property Tax$1,200
Insurance$350
%($239,998)
%

Location

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Investment Score

6D
Est. Monthly Rent
$4,027
Monthly Cashflow

Rent − PITIA

$-3,591
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,517

Mortgage (P+I)
$6,068
Cap Rate
0.55%
Cash-on-Cash
-27.59%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$11,192

NOI (Annual)
$6,610
Price-to-Rent

Lower = better for investors

24.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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