4151 35th St San Diego, CA 92104
Corridor NeighborhoodEstimated payment $16,564/month
About This Home
Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included in these figures. Ownership has initiated the permitting process for the studio and, once complete, pro forma income reflects the studio as a fully permitted 13th unit. With rental upside across the unit mix and an attractive basis relative to the surrounding market, this offering is well suited for investors seeking both stable current income and long-term upside.
Property Details
Home Type
- Multi-Family
Lot Details
- 6,250 Sq Ft Lot
Parking
- 2 Parking Spaces
Home Design
Interior Spaces
- 14 Bedrooms
- 5,276 Sq Ft Home
- 2-Story Property
Community Details
Overview
- 12 Units
Building Details
- 13 Leased Units
- Operating Expense $90,476
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,953 | $1,048,792 | $439,612 | $609,180 |
| 2025 | $12,953 | $1,028,229 | $430,993 | $597,236 |
| 2024 | $12,460 | $1,008,069 | $422,543 | $585,526 |
| 2023 | $12,179 | $988,304 | $414,258 | $574,046 |
| 2022 | $11,854 | $968,927 | $406,136 | $562,791 |
| 2021 | $11,773 | $949,929 | $398,173 | $551,756 |
| 2020 | $11,631 | $940,190 | $394,091 | $546,099 |
| 2019 | $11,424 | $921,756 | $386,364 | $535,392 |
| 2018 | $10,681 | $903,684 | $378,789 | $524,895 |
| 2017 | $10,424 | $885,965 | $371,362 | $514,603 |
| 2016 | $10,251 | $868,594 | $364,081 | $504,513 |
| 2015 | $10,100 | $855,548 | $358,613 | $496,935 |
| 2014 | $9,944 | $838,790 | $351,589 | $487,201 |
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 |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | For Sale | $2,820,000 | -- | $534 / Sq Ft |
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 | $835,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Grant Deed | $570,000 | Chicago Title Co | |
| Grant Deed | -- | Chicago Title Co | |
| Grant Deed | $239,000 | Chicago Title Company | |
| Trustee Deed | $182,020 | Chicago Title Co | |
| Deed | $105,800 | -- | |
| Deed | $531,100 | -- | |
| Deed | $465,000 | -- | |
| Deed | $475,000 | -- | |
| Deed | $380,000 | -- |
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 |
|---|---|---|---|
| Open | $1,220,000 | Construction | |
| Closed | $1,100,000 | Commercial | |
| Closed | $875,000 | Commercial | |
| Closed | $580,000 | Commercial | |
| Previous Owner | $665,000 | Commercial | |
| Previous Owner | $64,500 | Commercial | |
| Previous Owner | $415,000 | Commercial | |
| Previous Owner | $303,750 | Commercial |
Source: San Diego MLS
MLS Number: 260016954
APN: 447-320-21-00
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