3517 23 J St, San Diego, CA 92102

San Diego
Local realty services provided by:ERA Excel Realty
3517 23 J St,San Diego, CA 92102
$1,500,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kevin hemstreet
Office: south coast commercial, inc.
MLS#:260024802SD
Source:CRMLS

Price summary

  • Price:$1,500,000

About this home

4 EXISTING UNITS + PLANS TO BUILD 4 ADDITIONAL ADUs. Introducing an exceptional investment opportunity in Southeast San Diego, just blocks from Interstate 15 and Imperial Avenue. 3517-23 J St is a well maintained 4-unit multifamily property featuring four 2 bed / 1 bath apartments (2,912 SF, built 1959) on a 7,071 SF RM-1-1 lot with off-street parking in front and a large open rear yard. Three units are leased with tenants reimbursing water through a RUBS program, and one unit is vacant. This is an ideal for an owner-user or a buyer looking to set rents at market from day one. What sets this property apart is the MASSIVE development upside: a full architect-designed plan set is in hand for four detached 2 bed / 1 bath ADUs in the rear yard, offering a clear path to double the unit count to 8 and dramatically increase income on a rare, deep infill lot. Current rents sit well below market, providing additional value-add upside even before any construction. Offered at $1,500,000, this is...

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Home facts

  • Year built:1959
  • Subdivision & Development:San Diego
  • Listing ID #:260024802SD
  • Added:13 day(s) ago
  • Updated:October 28, 2026 at 12:34 AM

Structure and exterior

  • Roof:Composition
  • Year built:1959
  • Levels:2 Story

Finances and disclosures

  • Price:$1,500,000
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