USACASan DiegoSan Diego3517 23 J St
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New
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$1,500,000

For Sale

14 hours ago

3517 23 J St, San Diego, CA

MLS® 260024802SD

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1959
MLS® Number 260024802SD

Property Address: 3517 23 J St, San Diego, CA, 92102

Average square foot calculated using Size range provided by listing agent.

Description

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 a compelling opportunity for the investor looking to capitalize on San Diego’s strong rental demand and build long-term value. Seller is completing a 1031 exchange; buyer to cooperate with seller’s exchange at no cost to buyer.
MLS® Number260024802SD
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1959
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
3517 23 J St, San Diego, CA

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