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3422 Albert Street

San Diego CA 92103

4
2
1668 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

We are pleased to present for the first on market in over 50 years 3422-24 Albert Street, a well-positioned multifamily investment opportunity located in the highly desirable submarket of Hillcrest. Originally constructed in 1939, the property offers classic architectural character combined with long-term rental appeal, providing investors with an opportunity to acquire a value-add asset in a premier urban location. The 1,668-square-foot property consists of two residential units, offering an efficient unit mix that caters to strong renter demand in the surrounding market. With a functional layout, established tenancy, and attractive neighborhood fundamentals, the property provides investors with an opportunity to enhance value through strategic ownership and operational improvements. Situated on a 7,105 SF lot, the property offers significant potential for ADUs to further increase density and cash flow. Located in San Diego’s 92103 zip code, 3422-24 Albert Street sits in the highly walkable Hillcrest area, one of the city’s most established and amenity-rich urban neighborhoods. Residents are within easy reach of the Hillcrest business district, with its dense mix of dining, coffee shops, grocery, and everyday retail, as well as the cultural and recreational draw of nearby Balboa Park. The location offers quick access to Downtown San Diego and major employment centers, supported by convenient freeway connectivity via SR-163 and Interstate 5. This combination of a mature, pedestrian-friendly residential setting, strong neighborhood amenities, and central access to jobs and

Features

4 bedrooms
2 bathrooms
1668 sq. ft. floor area
Multi-Family

Happy sellers in San Diego

83%
83% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in San Diego over the last 12 months.

Local market activity for 4 bedroom multi families in San Diego

In the last 12 months, 9 four-bedroom multi families similar to 3422 Albert Street, have been sold.

This represents a 125% decrease in four-bedroom multi families sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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