About 1232-36 31st St
This pride-of-ownership triplex has been meticulously maintained and offers rare flexibility for investors, developers, or savvy owner-users. Live in one unit and rent out the other two to offset your mortgage—an ideal setup to leverage residential financing while generating income. All three units are currently tenant-occupied on month-to-month leases, providing immediate cash flow with upside for rent increases or future redevelopment. Zoned Tier 3 under San Diego’s Complete Communities program (FAR 6.5), the property has strong density potential. It’s also located in a Qualified Opportunity Zone, potentially offering valuable tax incentives for qualified buyers. Additional features include a large detached garage, on-site laundry, mature landscaping, and timeless architectural charm. Just minutes from Downtown, the airport, and major freeways (5 & 94), and walkable to the restaurants, coffee shops, and boutiques of both Golden Hill and South Park—this is a standout opportunity in one of San Diego’s most dynamic urban neighborhoods.
