3067 69 J Street, San Diego, California 92102, San Diego, 92102 - 7 bed, 4 bath
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San Diego, California 92102
This Value-Add Residential Income Triplex is a High-Potential Investment Opportunity listed at $1,150,000, representing a stable entry point aligned with its $1,141,073 Fair Market Value. The property carries a Condition Rating of 5, featuring an unfinished 3BR/2BA front house that allows for significant forced appreciation upon completion. With two turnkey rear units, City Lights Views, and a Shared Courtyard near San Diego Unified Schools, this asset is positioned for high rental demand. This project is an ideal acquisition for Cash Buyers or Renovation-Focused Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3067 69 J Street Subject | $1,150,000* List Price | 7 | 4 | 2,600 | $407 | - |
A 332 36 1/2 35th Street Sold | $1,190,000 | 0 | 0 | 2,832 | $420 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the two rear units of this triplex appear to be in good, updated condition with modern kitchens and flooring, the primary front house is currently unfinished and in a shell-like state. The interior of the front unit lacks flooring, finished electrical fixtures, and completed bathrooms, requiring substantial rehabilitation and construction to be made habitable. This significant deferred completion limits financing options and necessitates a major investment.
This triplex configuration, featuring a 3BR/2BA front house and two 2BR/1BA rear units, offers a total of seven bedrooms to maximize rental income in a high-demand San Diego market.
Situated near downtown San Diego and major freeways, the property provides excellent accessibility to shopping and restaurants, ensuring strong long-term tenant appeal and low vacancy rates.
The unfinished status of the front house allows an investor to customize finishes and build immediate equity, while the large shared courtyard and alley access provide rare urban amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 7103.
The front 3BR/2BA unit is currently unfinished, requiring the buyer to commit substantial time, capital, and management to complete the project before it can generate full income.
Due to the incomplete state of the primary structure, the property likely requires a cash buyer or specialized renovation loan, significantly narrowing the pool of eligible purchasers.
Three Units. One Lot. Endless Potential. Investment opportunity just minutes from Downtown. The two rear 2BR/1BA units are fully renovated and move-in ready, offering immediate rental income from day one. The front 3BR/2BA home is well underway, with valuable improvements already in place: new windows, new electrical, some appliances, and in-unit laundry hook-ups. It just needs the finishing touches to bring the vision to life. A central grass courtyard with two avocado trees creates a welcoming shared outdoor space, and the property also includes common laundry for the rear units, two storage sheds, and alley access with potential for tandem parking.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,600 | 1,962 |
| Lot Size | 6,969.6 | 7,200.5 |
| Price | $1.15M | $984.4K |
| Price per sq ft | $442 | $614 |
| Built year | 2000 | 1979 |
| HOA | $0 | $374 |
| Days on market | 97 | 43 |
Apr 16, 2026
$1,150,000
Initial Listing