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290 35th St1 / 15 · Click to zoom

About this home

DUPLEX OPPORTUNITY! Rare value-add and development opportunity in one of San Diego's rapidly growing urban neighborhoods. Situated on a R-2 zoned lot, this property offers exceptional upside potential for investors, developers, or owner-occupants seeking long-term value and income growth. The property's flexible zoning allows multiple by-right development options, including the potential to add 2 additional dwelling units, creating a compelling opportunity for expanded rental income and future appreciation. The existing duplex requires renovation, making it ideal for a value-add repositioning, house-hack investment, or long-term redevelopment strategy in the high-demand 92102 market. With increasing rental demand, rising neighborhood values, and strong multifamily comparable sales nearby, this property presents an attractive opportunity to acquire a centrally located San Diego asset with ADU potential and significant upside at pricing difficult to replicate below today's replacement costs.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
📋 Assessed value$19,968
💵 Annual tax$806
🏫 School districtSan Diego City Unified School District

MLS #260012263SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$4,072
Principal & interest$3,287
Property tax$596
Home insurance$190
Down payment: $130,000Loan: $520,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.