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Residential Income for sale: 3351,3355,3359 Madison Avenue in San Diego

3351,3355,3359 Madison Avenue San Diego

Main Photo: Residential Income for sale: 3351,3355,3359 Madison Avenue in San Diegobanner
$3,588,000
Prop. Type:
Residential Income
MLS® Num:
2600474
Status:
Active
Bathrooms:
8
Fantastic Normal Heights Neighborhood, 3-Separate Parcels, The Most Affordable Units, Huge Upside, Lowest Price/Unit, Lowest GRM on Current Rents in Normal Heights or North Park, Meticulously Maintained, Pitched Roofs!! All New Electrical Panels, 150' of CIPP Sewer Line Installed. See Marketing Package for more details. 3351 Madison (6 Units) 3355 Madison (4 Units) 3359 Madison (6 Units) Must See! Priced to Sell!
Property Sub Type:
Com-Res Income
Number of Buildings:
3
County Or Parish:
San Diego
Market Area:
Metro Uptown
Total Building Area:
Switch units of measure6,743 sq. ft.
Total Floor Area:
Switch units of measure6,743 sq. ft.
Total Bedrooms:
0
Bathrooms:
8
Half Bathrooms:
0
Structure Type:
Apartment, Other/Remarks
Stories:
2 Story
Num Stories:
2
Year Built:
0
Age (in years):
Switch units of measure2,026 year(s)
Short Sale:
false
Terms:
Cash, Cash to New Loan, Submit, Other/Remarks
Total Actual Rent:
$23,870
Cap Rate.:
4.77
Gross scheduled income:
286440.0
Projected gross operating income:
336000
Projected gross scheduled income:
10.68
Projected net Income:
219639
Projected Gross Multiplier:
10.68
Operating expense:
109644.0
Financial Information Source:
Owner
Number of Units:
16
Number of Leased Apartments:
16
Number of Units in Unit 1:
1
Number of Units in Unit 2:
1
Number of Units in Unit 3:
2
Number of Units in Unit 4:
2
Number of Units in Unit 5:
2
Number of Units in Unit 6:
2
Total Rent for Unit 1:
$1,250
Total Rent for Unit 2:
$1,475
Total Rent for Unit 3:
$2,960
Total Rent for Unit 4:
$3,000
Total Rent for Unit 5:
$3,010
Total Rent for Unit 6:
$3,020
805 to Adams, East on Adams to 33rd Street, Right on 34th Street, Right on Madison
Complex Features:
CTV Avail, Other/Remarks
Special Listing Conditions:
N/K
Construction Material:
Cable Available, Part Landscaped, Remarks
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
447-522-01,02,03-00
Parking Features:
Other/Remarks
Total Parking Spaces:
10
Total Non-Garage Spaces:
0
Heating:
Wall
Cooling:
None
Roof:
Other/Remarks
Floor finish:
Slab
Zoning:
R-3
Listed by Siemienowski & Associates
Data was last updated January 14, 2026 at 11:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.