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$4,850,000

  • Sold
  • Closed
  • Multi-Family
  • 3 Total Beds
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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

Full Property Details for 3864 35th St

General

  • Sold For: $4,850,000
  • Status: Closed
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 250035401
  • Added to Site: 168 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Elevator

Parking

  • Total Spaces: 11

Location

  • Area: NORTH PARK (92104)
  • County: San Diego

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Frame, Stucco
  • Elevator: Yes
  • Stories/Levels: 3
  • Square Feet: 10,410
  • Living Area: 10,410 Sq. Ft.

Unit Information

  • Units in Building: 18

Lot Features

  • Lot Size (Sq. Ft.): 7,132

Financial Considerations

  • Operating Expenses: $136,555

Disclosures and Reports

  • Property ID: 447-452-27

Listed by Newmark of Southern California (858) 395-6935, Erik M Anderson
Sold by South Coast Commercial, Inc. (858) 395-6935, Cody J Evans

Listing agent

— 3864 35th St —

  • Erik M Anderson

    Newmark of Southern California

erik.anderson@nmrk.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3864 35th St

School District:San Diego City Unified School District
NameGradesDistance
Cherokee Point Elementary School
3735 38th Street, San Diego, CA 92105
K-50.4 mi
Wilson Middle School
3838 Orange Avenue, San Diego, CA 92105
6-80.5 mi
Hoover High School
4474 El Cajon Boulevard, San Diego, CA 92115
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3864 35th St

Date
Details
Price
Change
Source
12/18/2025
Sold
$4,850,000
-2.9%
MLS
10/30/2025
Price Reduced
$4,995,000
-2.04%
MLS
10/21/2025
Price Reduced
$5,099,000
-1.92%
MLS
9/08/2025
Price Reduced
$5,199,000
-2.82%
MLS
8/05/2025
Listed
$5,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Newmark of Southern California (858) 395-6935, Erik M Anderson
Sold by South Coast Commercial, Inc. (858) 395-6935, Cody J Evans

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3864 35th Street, San Diego, CA 92104 (MLS# 250035401) is a Multi-Family property that was sold at $4,850,000 on December 18, 2025. Want to learn more about 3864 35th Street? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.