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San Diego Triplex with Upside
For Sale
$1,530,000

204 12 S Pardee, San Diego, CA 92113

San Diego triplex with development potential and value-add opportunities.

Property SizeContact for details
Days on Market129

Property Features for 204 12 S Pardee

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1978
Units 3
Listing Agency:
Listed By: Walid Ajmal
Source: Elliman
Added: Apr 24 Changed: Aug 28 Last Checked: Aug 29 at 10:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walid Ajmal

Investment Insights

Based on property information with market context.

This San Diego triplex is located near downtown and offers built-in upside. Two of the units have been freshly remodeled. The property includes a large, open backyard, alley access, and parking, presenting future development potential. One unit is currently occupied by a stable, long-term tenant. There is room to increase rents and improve returns. The location has a walk score of 75, indicating it is very walkable, and a transit score of 57, indicating good transit options. The bike score is 40, indicating it is somewhat bikeable. This property is suitable for building a portfolio or planning a new project.

Key Highlights

  • Triplex in prime San Diego location near downtown.
  • Large, open backyard with alley access and parking, offering future development potential (buyer to verify).
  • Two units are freshly remodeled.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Accounting Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

760
Businesses Nearby

Demographics for 92113, CA

50,457
Population
14,443
Households
3.5
Avg Household Size
32
Median Age
11%
College-Educated
69%
High-School Grad
4.5 sq mi
ZIP Area
11,213
Density / Sq Mi
$59,177
Median Household Income
$31,099
Median Earnings
$1,608
Median Rent
$559,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - San Diego triplex with development potential and value-add opportunities.
Where is this triplex located?
The property is located at 204 12 S Pardee San Diego, CA.
What is the asking price?
The asking price for this property is $1,530,000.
What are key features of this property?
This property features: Triplex in prime San Diego location near downtown.; Large, open backyard with alley access and parking, offering future development potential (buyer to verify).; Two units are freshly remodeled.
More about this property
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