Triplex with Alley
For Sale
$1,530,000
204-12 S Pardee, San Diego, CA 92113
Two units have been remodeled, while the third is occupied by a long-term tenant.
Property Size2,850 SF
Price / SF$536.84
Days on Market267
Property Features for 204-12 S Pardee
General Information
Standard status
Active
Size
2,850 SF
Property subtype
Res Income 2-4 Units
Site & Location
Neighborhood
Mountain View
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Building Details
Building Size
2,850 SF
Year Built
1978
Listing Agency:
Real Broker
Listed By:
Walid Ajmal · License #01963468
(619) 254-7988
Source:
Cruxrealestate
Added: Feb 3
Changed: Oct 26
Last Checked: Oct 26 at 1:11PM
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 Real Broker
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This San Diego triplex was built in 1978. Two of its three units have been remodeled, and one is occupied by a long-term tenant. The property also includes an open backyard, alley access, and parking.
Key Highlights
- Three‑unit residential property built in 1978
- Two units have been remodeled
- One unit has a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,053
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,060
$1.0M
Cap Rate 7%
$729,329
$729.3K
Cap Rate 9%
$567,256
$567.3K
Market Conditions
NOI Build-Up for 2,850 SF
Gross rent
$77.0K $27.00/SF
− Vacancy
−$4.0K −$1.41/SF
EGI
$72.9K $25.59/SF
− OpEx
−$21.9K −$7.68/SF
NOI
$51.1K $17.91/SF
Area
San Diego, CA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,021,060
Cap Rate 7%
$729,329
Cap Rate 9%
$567,256
Alternative Uses
Best Use
Multifamily LT 5
$729.3K
$638.2K – $850.9K
NOI $51,053 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$672.9K
$588.8K – $785.1K
NOI $47,105 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$1.13M
$985.0K – $1.31M
NOI $78,797 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Triplex - Two units have been remodeled, while the third is occupied by a long-term tenant.
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: Three‑unit residential property built in 1978; Two units have been remodeled; One unit has a long‑term tenant
