Back 4030 Front St
Off Market

4030 Front St

San Diego CA 92103

12
10
14
9106 sq. ft.
Other
Last sold for $4,150,000
Jason LeeJason Lee, last sold this property on 25 July 2025 after 79 days on market.

Overview

Rare Hillcrest 14-unit multifamily investment with major rental upside. Located in one of San Diego’s strongest rental submarkets, this value-add opportunity includes (8) 1Bed/1Bath, (4) 2Bed/1Bath, and (2) Studios. All tenants are on month-to-month leases, offering maximum flexibility for rent increases and renovations. Current rents are below market, and new ownership can significantly increase income through targeted improvements—some of which have already been completed by the current ownership. With a current cap rate of 3.41% and a proforma cap of 6.37%, this property is ideal for investors seeking cash flow growth and long-term upside in a blue-chip location.

Features

12 bedrooms
10 bathrooms
14 carspaces
9106 sq. ft. floor area
Other

Estimated Value

We need at least 3 similar 12 bedroom other properties sold in San Diego over the last 12 months.

Property history for 4030 Front St

2025
Sold
$4,150,000
25 Jul 2025 by Jason Lee, of Nara Advisors, Inc.
2024
Sold
$3,950,000
24 Dec 2024 by Bob Woodard, of Berkshire Hathaway HomeServices California Properties (San Diego, 92101)
2001
Sold
$689,985
06 Apr 2001

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90%
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Local market activity for 12 bedroom other properties in San Diego

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