3517-23 J St San Diego, CA ^$ 1,500,000

3517-23 J St

^$ 1,500,000

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Recently Listed

3517-23 J St

San Diego, CA, 92102

^$ 1,500,000

Bedrooms8 Baths4.0

Monthly Estimate*

^$ 10,360

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Multi-Family Home for sale in San Diego, CA

for $1,500,000 with 8 bedrooms and 4 full baths. This home was built in 1959.

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.

Multi-Family Active

Price

^$ 1,500,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Year Built

1959

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260024802

Features

General

Cooling N/K

Roof Composition

Security Features N/K

Construction Materials Stucco

Year Built 1959

Tenant Pays Water

Levels 2 Story

Property Subtype Res Income 2-4 Units

Building Name N/A

County San Diego

Operating Expense 38612.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Subdivision Name SAN DIEGO

Full Baths 4

Status ACTIVE

City San Diego

Senior Community Y/N N

Number Of Units Total 4

MLS Area Metro Central

Lot Size Units Acres

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 5.35

Freehold IDX

Exterior

Fencing Partial

Lot Size Area 0.0

Number of Buildings 1

Building Area Total 2912.0

Waterfront Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 8

Total Baths 4

* Excluded Features

List By

Kevin Hemstreet

Listing Agent

South Coast Commercial, Inc.

Broker

(619) 309-9296

Phone

Affordability Calculator

$10,360

Per Month

Monthly Principal & Interest: $10,360
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,219,482

Percent of Sale Price 48%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/14/2026	$1,500,000		Listed Price

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3517-23 J St, San Diego, CA, 92102 is a Multi-Family Home for sale at $1,500,000. 3517-23 J St has 8 bedrooms, 4.0 baths, and was built in 1959. The property's zip code is 92102 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 10/14/2026.

CA BRE #019180026.

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3517-23 J St

Multi-Family Home for sale in San Diego, CA

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