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Triplex with Large Backyard
For Sale
$1,530,000

204 12 S Pardee, San Diego, CA 92113

Three-unit residential income property with remodeled units, backyard space, and alley parking.

Property SizeContact for details
Days on Market89

Property Features for 204 12 S Pardee

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 3

Building Details

Year Built 1978
Units 3
Tenancy Multi
Listing Agency:
Listed By: Walid Ajmal
Source: Elliman
Added: Jun 3 Changed: Aug 25 Last Checked: Aug 29 at 11:31AM

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 consists of three residential units. Two of the units are described as freshly remodeled, while one unit is occupied by a stable long-term tenant. The property also features a large open backyard and includes alley access with parking, creating additional on-site utility beyond typical street-facing setups. Please do not disturb the tenants.

The address is in close proximity to downtown, with walkScore provided as 75 (very walkable) and transitScore listed as 57 (good transit). A bikeScore of 40 (somewhat bikeable) is also noted. Buyer should verify all details and any feasibility questions related to future use or potential redevelopment.

For buyers and investors, the combination of two recently updated units plus a separate long-term tenancy can support portfolio planning, while the backyard and alley access add flexibility for resident-focused programming and practical day-to-day needs. Prospective buyers should review unit condition, lease details, and any future development considerations directly, as the buyer is responsible for verification.

Key Highlights

  • 1978‑built 3‑unit residential income property with remodeled units
  • Two units are freshly remodeled, offering potential value‑add
  • Large open backyard space

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.

Lease Details

3
Residential units
Multi-tenant
Tenancy

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
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit residential income property with remodeled units, backyard space, and alley parking.
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: 1978‑built 3‑unit residential income property with remodeled units; Two units are freshly remodeled, offering potential value‑add; Large open backyard space
More about this property
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