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394759 3rd Avenue

San Diego CA 92103

12
12
4
6484 sq. ft.
Other
Currently for sale - view listing

Overview

3947–59 3rd Avenue is a 12-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego, California.? Originally constructed in 1950, the property offers classic architectural character in one of the city's most walkable and supply-constrained rental submarkets.? The 6,484 sqft property consists of (12) one-bedroom / one-bathroom units, catering to a broad tenant base and providing a straightforward, efficient layout attractive to renters.? On a 10,497 sqft lot, it is located in Complete Communities Tier 2 with an 8.0 FAR.? Situated one parcel south of Washington St and along the prominent 3rd Avenue corridor, the asset benefits from immediate proximity to Hillcrest's vibrant retail, dining, and entertainment amenities, while offering convenient access to Downtown San Diego and major employment centers.? 3947–59 3rd Avenue presents investors with the opportunity to capitalize on strong in-place rental demand with additional upside through renovations and potential high density development.?

Features

12 bedrooms
12 bathrooms
4 carspaces
6484 sq. ft. floor area
Other

Happy sellers in San Diego

90%
90% 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 13 reviews in San Diego over the last 12 months.

Local market activity for 12 bedroom other properties in San Diego

In the last 12 months, 1 numeral.12-bedroom other similar to 394759 3rd Avenue, have been sold.

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Sales:
(619) 566-0008
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