Seller's Agent in 2025
Erik Anderson
Newmark of Southern California
(858) 395-6935
1 in this area
37 Total Sales
3864 35th St San Diego, CA 92104
Cherokee Point Neighborhood
3
Beds
3
Baths
10,410
Sq Ft
7,132
Sq Ft Lot
About This Home
As of December 2025Seller Motivated for Year End Close - Bring All Offers! - Rents just increased! 5.56% cap in place. - Newer vintage (1986) when compared to the majority of the submarket meaning far less capital expenditure needed vs. comparable properties - 11/18 units renovated already with room to push rents - Below market rents (~12.3%) across the board - 7.03% cap + mark-to-market - No new construction in the immediate submarket - Average per unit sale in past 12 months in 92104 zip code is $411,000/unit vs. asking price of $277,500 is a ~30% discount to comparable sales
Last Agent to Sell the Property
Newmark of Southern California License #01991182 Listed on: 08/01/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 7,132 Sq Ft Lot
Parking
- 11 Parking Spaces
Home Design
- Frame Construction
- Stucco
Interior Spaces
- 3 Bedrooms
- 10,410 Sq Ft Home
- 3-Story Property
Community Details
- 18 Units
- Elevator
- Operating Expense $136,555
Listing and Financial Details
- Total Actual Rent $35,935
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2025
Closed on
Dec 4, 2025
Sold by
Bought by
Seller's Agent
Erik Anderson
Newmark of Southern California
Buyer's Agent
Cody Evans
South Coast Commercial, Inc.
List Price
$5,350,000
Sold Price
$4,850,000
Premium/Discount to List
-$500,000
-9.35%
Views
17
Purchase Details
Closed on
Jan 6, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 27, 2022
Sold by
Bought by
Purchase Details
Closed on
Mar 4, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,800,000
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 31, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 12, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,947,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Aug 20, 2013
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,290,000
Interest Rate
4.51%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 5, 2007
Sold by
Bought by
Purchase Details
Closed on
Dec 2, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,919
Interest Rate
6.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 30, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,919
Interest Rate
6.06%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 13, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.74%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 5, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
6.74%
Mortgage Type
Commercial
Purchase Details
Closed on
May 18, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
8.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 24, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,250
Interest Rate
8.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 19, 1995
Sold by
Bought by
Purchase Details
Closed on
Sep 30, 1993
Sold by
Bought by
Purchase Details
Closed on
Apr 5, 1993
Purchase Details
Closed on
Dec 28, 1989
Purchase Details
Closed on
Jan 6, 1989
Purchase Details
Closed on
Dec 31, 1985
Purchase Details
Closed on
Jun 14, 1985
Purchase Details
Closed on
Aug 29, 1984
Purchase Details
Closed on
May 26, 1983
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $4,850,000 | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Grant Deed | $5,820,000 | Chicago Title | |
| Grant Deed | $4,100,000 | Fidelity National Title Co | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $3,420,000 | Stewart Title Of California | |
| Deed | $1,950,000 | Chicago Title | |
| Grant Deed | -- | Chicago Title Co | |
| Quit Claim Deed | -- | Chicago Title Co | |
| Grant Deed | -- | Chicago Title Co | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $550,000 | Commonwealth Land Title Co | |
| Individual Deed | $403,500 | Chicago Title Co | |
| Individual Deed | -- | Stewart Title Company | |
| Deed | $617,600 | -- | |
| Deed | $695,500 | -- | |
| Deed | $875,000 | -- | |
| Deed | $555,000 | -- | |
| Deed | $629,600 | -- | |
| Deed | $140,000 | -- | |
| Deed | $105,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,200,000 | Credit Line Revolving | |
| Previous Owner | $2,800,000 | Commercial | |
| Previous Owner | $250,000 | Commercial | |
| Previous Owner | $1,947,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $1,290,000 | Commercial | |
| Previous Owner | $1,125,000 | Commercial | |
| Previous Owner | $784,919 | Commercial | |
| Previous Owner | $787,500 | Commercial | |
| Previous Owner | $431,250 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2025 12/18/25 | Sold | $4,850,000 | -2.9% | $466 / Sq Ft |
| 10/31/2025 10/31/25 | Pending | -- | -- | -- |
| 10/30/2025 10/30/25 | Price Changed | $4,995,000 | -2.0% | $480 / Sq Ft |
| 10/21/2025 10/21/25 | Price Changed | $5,099,000 | -1.9% | $490 / Sq Ft |
| 09/08/2025 09/08/25 | Price Changed | $5,199,000 | -2.8% | $499 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $5,350,000 | 0.0% | $514 / Sq Ft |
| 03/19/2024 03/19/24 | Price Changed | $1,650 | +13.8% | $3 / Sq Ft |
| 12/14/2023 12/14/23 | Price Changed | $1,450 | -12.1% | $2 / Sq Ft |
| 12/13/2023 12/13/23 | For Rent | $1,650 | -- | -- |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $77,387 | $4,850,000 | $3,600,000 | $1,250,000 |
| 2025 | $77,387 | $6,176,230 | $3,210,154 | $2,966,076 |
| 2024 | $74,461 | $6,055,128 | $3,147,210 | $2,907,918 |
| 2023 | $72,816 | $5,936,400 | $3,085,500 | $2,850,900 |
| 2022 | $50,333 | $4,131,000 | $2,142,000 | $1,989,000 |
| 2021 | $44,382 | $3,595,030 | $2,102,357 | $1,492,673 |
| 2020 | $43,844 | $3,558,168 | $2,080,800 | $1,477,368 |
| 2019 | $43,061 | $3,488,400 | $2,040,000 | $1,448,400 |
| 2018 | $24,759 | $2,100,870 | $915,764 | $1,185,106 |
| 2017 | $24,167 | $2,059,677 | $897,808 | $1,161,869 |
| 2016 | $23,773 | $2,019,292 | $880,204 | $1,139,088 |
| 2015 | $23,423 | $1,988,961 | $866,983 | $1,121,978 |
| 2014 | $23,057 | $1,950,000 | $850,000 | $1,100,000 |
Source: Public Records
Agents Affiliated with this Home
-
Erik Anderson
-
Cody Evans
Buyer's Agent in 2025
Cody Evans
South Coast Commercial, Inc.
(858) 729-3094
1 in this area
30 Total Sales
Map
Source: San Diego MLS
MLS Number: 250035401
APN: 447-452-27-00
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