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San Diego Duplex Development Opportunity
For Sale
$650,000

290 35th St, San Diego, CA 92102

Duplex with development potential in a rapidly growing neighborhood.

Property SizeContact for details
Days on Market101

Property Features for 290 35th St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 2020
Units 2
Listing Agency: eXp Realty of California Inc.
Listed By: Guillermo Carrillo · License #02032647
Source: Elliman
Added: May 21 Changed: Aug 21 Last Checked: Aug 29 at 12:52PM

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 eXp Realty of California Inc.

Investment Insights

Based on property information with market context.

This duplex presents a value-add and development opportunity in a rapidly growing urban neighborhood of San Diego. Zoned R-2, the property offers upside potential for investors, developers, or owner-occupants seeking long-term value and income growth. The flexible zoning allows multiple by-right development options, including the potential to add 2 additional dwelling units, creating an 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 market. The 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. The location has a walk score of 75, indicating it is very walkable, a transit score of 57, indicating good transit options, and a bike score of 40, indicating it is somewhat bikeable.

Key Highlights

  • R‑2 zoning allows for the potential to add 2 additional dwelling units (ADUs), increasing rental income and property value.
  • Duplex in a rapidly growing San Diego urban neighborhood (92102 market).
  • Value‑add opportunity through renovation of the existing duplex.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Accounting Firm (Bike/Boat/Book/etc) Store

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

1,019
Businesses Nearby

Demographics for 92102, CA

39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
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?
Duplex - Duplex with development potential in a rapidly growing neighborhood.
Where is this duplex located?
The property is located at 290 35th St San Diego, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: R‑2 zoning allows for the potential to add 2 additional dwelling units (ADUs), increasing rental income and property value.; Duplex in a rapidly growing San Diego urban neighborhood (92102 market).; Value‑add opportunity through renovation of the existing duplex.
More about this property
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