We are pleased to exclusively present for sale 3767 7th Avenue, an exceptionally restored Spanish-style multifamily investment located in the heart of Hillcrest, one of San Diego’s most desirable and supply-constrained urban neighborhoods. Combining stabilized in-place cash flow with fully entitled expansion potential, the offering presents a rare opportunity to acquire a trophy-quality asset featuring immediate development upside. The property currently consists of four legal apartment units and one non-conforming one-bedroom unit, while approved plans allow a purchaser to immediately commence construction of nine additional apartment units and legalize the existing non-conforming residence, resulting in a 14-unit apartment community upon completion.
Features
7 bedrooms
6 bathrooms
3910 sq. ft. floor area
cottageOther
Property history for 3767 7th Avenue
2024
Sold
$1,145,000
26 Aug 2024 by Theresa Crowder, of State Houses Real Estate, Inc.
Happy sellers in San Diego
83%
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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.
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Local market activity for 7 bedroom other properties in San Diego
Sold
For Sale
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