3864 35th Street
San Diego, CA 92104

$4,200,000

Description

Las Palmas, constructed in 1986, is an 18 unit apartment complex consisting of eleven 2 bed/1 bath units, six 1 bed/1 bath units, and one studio. The 3 story structure consists of 11,422 rentable square feet situated on a 7,000 square foot lot. The property features an elevator, security entrance, tuck under parking, 6 tandem parking spaces in the front, 6 parking spaces in the rear and 2 laundry rooms. Las Palmas is located in the residential booming sub-market area of North Park. Many units have been renovated and there is additional upside in the rents. North Park is a neighborhood in Central San Diego, California, on either side of El Cajon Boulevard and near the 805 Freeway. The area is filled with a number of restaurants, coffee shops, boutiques, and artist's studios near Adams Avenue and University Avenue. Live entertainment can be found most nights. Adjacent to Hillcrest and Normal Heights, additional restaurants, bars, coffee shops, and night clubs are within easy reach.

Details

MLS#190001722
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site38

Features

Story(s)0
Units18

Market Activity 92104

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Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92104
Listing VS Median (in 92104)
Price:
$4,200,000
low | high
Med:
$699,000
100% of Average
On Site:
38
low | high
Med:
2
100% of Average
Listing Updated: 04/18/2019
MLS Number: 190001722
Listing Provided By:
Benn Vogelsang  of  South Coast Commercial Inc.
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