3864 35th Street

North Park, CA, 92104

$6,660,000

$6,660,000 per ft²
$6,660,000
$6,660,000 per ft²
Active
Active
 - For Sale
beds
3 Beds
carpenters-square
1 ft²
property_type
Other
•Immediate 38% upside by marking rents to market •Additional increase in revenue through the implementation of a utility reimbursement program •1986 Construction / Newly Renovated •Less than one mile from Interstate-8, Interstate-805, and Interstate-15 the property offers great accessibility to all San Diego employment hubs •Cured of deferred maintenance, allowing for less capital upfront •Turnkey asset Las Palmas is a centrally located and newly renovated 18- unit trophy asset, set in between the walkable North Park and Cherokee Point submarkets within San Diego, CA. Built in 1986, the elevator served building consists of 1 studio, 6-one bedroom, and 11 two-bedroom units. The property exterior has been fully renovated within the past year including all new stucco/paint, new black trimmed vinyl windows, wood paneling highlights, roof repairs, and more. More than half of the interiors have been extensively renovated as well, including all new LVP throughout, new white/green shaker cabinets, all new appliances, quartz countertops, tiled in showers, private fenced in patios on the ground floor, undermount sinks, etc.
MLS® ID:
230004330
Listed:
2/28/23
Updated:
3/26/23
Compass
Dane Soderberg
Mobile: (858) 337 1417Email: dane@compass.com

Interior Features

Total Bedrooms
3
Total Bathrooms
0

Other Property Details

Area Name
Metro Uptown
Association Amenities
Other/Remarks
Garage
No
Parking
N
View
N
County
San Diego
Pool
No
Total Stories
3
Buyer Agency Compensation
1.5

Property History

Date
Event
Price
Value
3/19/23
Price Change
$6,660,000
-1%

Courtesy of NorthMarq Multifamily, Erik Anderson,
Listing Contact: 858-395-6935 

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Data last updated 6:11 AM UTC, 3/26/23

Compass
Dane Soderberg
Mobile: (858) 337 1417Email: dane@compass.com
Contact