About 3864 35th Street
Seller Motivated for Year End Close - Bring All Offers! - Rents just increased! 5.56% cap in place. - Newer vintage (1986) when compared to the majority of the submarket meaning far less capital expenditure needed vs. comparable properties - 11/18 units renovated already with room to push rents - Below market rents (~12.3%) across the board - 7.03% cap + mark-to-market - No new construction in the immediate submarket - Average per unit sale in past 12 months in 92104 zip code is $411,000/unit vs. asking price of $277,500 is a ~30% discount to comparable sales
Features of 3864 35th Street
| MLS® # | 250035401 |
|---|---|
| Price | $4,995,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 10,410 |
| Type | Residential Income |
| Sub-Type | Com-Res Income |
| Status | Closed |
Community Information
| Address | 3864 35th Street |
|---|---|
| Area | NORTH PARK (92104) |
| County | San Diego |
| State | CA |
| Zip Code | 92104 |
Amenities
| Amenities | Elevator |
|---|---|
| Parking Spaces | 11 |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|---|
| # of Stories | 3 |
Exterior
| Construction | Frame,Stucco |
|---|
Additional Information
| Date Listed | August 5th, 2025 |
|---|---|
| Days on Market | 91 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Newmark of Southern California |
|---|