3517-23 J StSan Diego, CA 92102
Introducing an exceptional investment opportunity in Southeast San Diego, just blocks from Interstate 15 and Imperial Avenue. 3517-23 J St is a well maintained 4-unit multifamily property featuring four 2 bed / 1 bath apartments (2,912 SF, built 1959) on a 7,071 SF RM-1-1 lot with off-street parking in front and a large open rear yard. Three units are leased with tenants reimbursing water through a RUBS program, and one unit is vacant. This is an ideal for an owner-user or a buyer looking to set rents at market from day one. What sets this property apart is the MASSIVE development upside: a full architect-designed plan set is in hand for four detached 2 bed / 1 bath ADUs in the rear yard, offering a clear path to double the unit count to 8 and dramatically increase income on a rare, deep infill lot. Current rents sit well below market, providing additional value-add upside even before any construction. Offered at $1,500,000, this is a compelling opportunity for the investor looking to capitalize on San Diego’s strong rental demand and build long-term value. Seller is completing a 1031 exchange; buyer to cooperate with seller’s exchange at no cost to buyer.
| yesterday | Listing updated with changes from the MLS® | |
| 3 days ago | Listing first seen on site |
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Last checked 2026
3517-23 J St, San Diego Property Details
3517-23 J St is a residence located in San Diego, CA 92102 currently offered for sale at $1,500,000. The residence features 2 bedrooms, 4 bathrooms, 2,912 square feet of living space and was built in 1959.
This page includes MLS property details, photographs, features and location information to help evaluate the residence and compare it with other San Diego real estate. Contact SV Premier Real Estate for current availability, comparable properties, and private showings of 3517-23 J St.
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