21 S 35th Street, San Diego, CA 92113

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
21 S 35th Street,San Diego, CA 92113
$2,350,000
  • 4 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maxwell brown
Office: commercial asset advisors
MLS#:PTP2601254
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,350,000

About this home

21-33 S. 35th St is a high-yield, partially renovated, low-density, triple-lot multifamily asset with a detached 3 bed / 2 bath house in Central San Diego. The property was originally constructed in 1960, with 9 of the 10 units renovated in 2022, including the buildout of the two ADUs. The asset consists of 5 buildings: a detached 3 Bed/ 2 Bath house, a 1 Bed / 1 Bath detached cottage, a quadplex of (4) 1 Bed / 1 Bath units, a duplex of (2) studios, and a duplex of (2) 2022-completion studio ADUs. All but two units have mid-sized private yards, helping to drive longer-term occupancy and higher rents. The property is well parked, with 13 off-street parking spaces for the 10 units, providing over 1 parking space per bedroom. 21-33 S. 35th Street offers strong in-place financial metrics at $208k gross scheduled annual income, with the immediately available rent increases yielding a 5.60% cap rate. Additionally, the existing rents are under market, allowing for further income potential

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Home facts

  • Listing ID #:PTP2601254
  • Added:309 day(s) ago
  • Updated:February 26, 2026 at 03:38 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:4

Finances and disclosures

  • Price:$2,350,000
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