Home | San Diego County | San Diego | 92102 | 3517-23 J St
MLS: SD260024802 | Status: Active | Price: $1,500,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | 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.
| Field | Value |
|---|---|
| MLS # | SD260024802 |
| MLS Source | San Diego MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Cooling | Other |
| Feature | Details |
|---|---|
| Roof | Composition |
Kevin Hemstreet
South Coast Commercial, Inc.
License #: 01490629
Phone: (619) 309-9296
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 728 | 2 | 1/0 | $2,700 |
| 2 | 728 | 2 | 1/0 | $2,660 |
| 3 | 728 | 2 | 1/0 | $2,150 |
| 4 | 728 | 2 | 1/0 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Golden Hill K-8 | public | K-8 | 0.69 mi | 3 |
| Mountain View School | public | K-8 | 0.77 mi | 7 |
| Kimbrough Elementary School | public | K-5 | 0.83 mi | 3 |
| Rodriguez Elementary School | public | K-5 | 0.93 mi | 1 |
| Baker Elementary School | public | K-5 | 1.00 mi | 3 |
| Emerson/Bandini Elementary School | public | K-5 | 1.02 mi | 3 |
| Rowan Elementary School | public | K-5 | 1.07 mi | 8 |
| Logan Memorial Educational Campus | public | K-12 | 1.11 mi | 2 |
| San Diego Continuing Education | public | UG | 1.17 mi | N/A |
| Chollas/Mead Elementary School | public | K-5 | 1.20 mi | 5 |
| Chavez Elementary School | public | K-5 | 1.31 mi | 4 |
| Burbank Elementary School | public | K-5 | 1.32 mi | 5 |
| Sherman Elementary School | public | K-5 | 1.44 mi | 4 |
| Balboa Elementary School | public | K-5 | 1.65 mi | 3 |
| Porter Elementary School | public | K-6 | 1.66 mi | 2 |
| Lincoln High School | public | 9-12 | 1.72 mi | 4 |
| Millennial Tech Middle School | public | 6-8 | 1.75 mi | 2 |
| Webster Elementary School | public | K-5 | 1.79 mi | 8 |
| Horton Elementary School | public | K-5 | 1.82 mi | 3 |
| Perkins Elementary School | public | K-8 | 1.85 mi | 3 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1936-40 Dale St | $1,699,000 | – | – | – | Active |
| 3150 54 National Ave | $1,250,000 | – | – | – | Active |
| 1028-44 Cesar E Chavez Pkwy | $1,485,000 | – | – | – | |
| 3136 44th Street | $1,249,000 | – | – | – | Active |
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This listing information is up-to-date as of October 14, 2026. For the most current information, please contact Kevin Hemstreet, (619) 309-9296.