3864 35th Street, San Diego, CA 92104

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
#1#2#3
3864 35th Street,San Diego, CA 92104
$5,350,000
  • 3 Beds
  • 3 Baths
  • 10,410 sq. ft.
  • Multi-family
  • Active
Listed by:erik m anderson
Office:newmark of southern california
MLS#:250035401
Source:SANDICOR

Price summary

  • Price:$5,350,000
  • Price per sq. ft.:$513.93

About this home

We are pleased to present the opportunity to acquire Las Palmas Apartments, an 18-unit multifamily community located in the high-demand Cherokee Point neighborhood of San Diego, California. Las Palmas is a three-story, elevator-served property comprised of a desirable unit mix, including eleven two bedroom/ one-bath units, six one-bedroom/one-bath units, and one studio. The property has recently undergone significant capital improvements, including new exterior paint, all-new black vinyl windows, and targeted roof repairs. Eleven of the eighteen units have been fully renovated, offering immediate in-place cash flow with the ability to unlock further upside through the renovation of the remaining units. Ideally located just minutes from Balboa Park, Downtown San Diego, and several major employment hubs, Las Palmas benefits from strong demand drivers in one of the most vibrant and supply-constrained rental submarkets in San Diego. With limited new multifamily development in Cherokee

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Home facts

  • Listing Id #:250035401
  • Added:9 day(s) ago
  • Updated:August 14, 2025 at 02:11 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:3
  • Living area:10,410 sq. ft.

Structure and exterior

  • Building area:10,410 sq. ft.

Finances and disclosures

  • Price:$5,350,000
  • Price per sq. ft.:$513.93
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