4159 35th St Immeuble residentiel 4 lots 1 085 750 € (271 438 €/Lot) Taux de capitalisation 3,54 % San Diego, CA 92104

We are pleased to present 4159-63 35th Street, located in the highly regarded Cherokee Point neighborhood of San Diego, CA. This building consists of three (3 one-bedroom/one-bath units and one (1 two-bedroom/one-bathroom single family home. Additionally, this property two single car garages presenting ADU conversion potential.
Located between Interstates 805 and 15 and bordered by Normal Heights to the north, City Heights to the east, and North Park to the west, Cherokee Point is known for its vibrant culinary scene, lively bars, and unique thrift stores, making it a highly attractive area for renters. This property presents a significant value-add opportunity for investors aiming to capitalize on the growth and demand in one of San Diego's prime rental markets. The central location and dynamic community of Cherokee Point ensure strong demand for rental units, with strategic renovations and upgrades offering considerable potential to elevate the property's value and achieve market-standard rental rates.
4159-63 35th Street is a compelling investment opportunity in a thriving neighborhood. Its prime location, vibrant community, and potential for significant value appreciation make it attractive to both renters and investors. This property offers a promising chance to invest in a flourishing market, with substantial returns possible through strategic enhancements and management.