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$ 3,750,000
Est. payment /mo
New
4209 3rd Ave San Diego, CA 92103
9,992 Sqft Lot
UPDATED:
02/21/2025 11:44 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250019118SD
HOA Y/N No
Lot Size 9,992 Sqft
Property Sub-Type Mixed Use
Property Description
This exceptional 9-unit multi-family investment offers strong income potential with significant upside. Situated on two separate lots with independent APNs, the property consists of three buildings: four 1-bedroom, 1-bath units, four 2-bedroom, 1-bath units, and a charming stand-alone bungalow with a bonus room/spare bedroom/den, that can be used by an owner to manage the units. The majority of units have been updated. The property remains consistently occupied with stable, long-term tenants and is currently rented well below market, presenting a fantastic value-add opportunity. Ideally located on a tree-lined street in a quiet yet convenient neighborhood near UCSD Medical Center, Scripps Mercy Hospital, shopping, restaurants, and major freeways. This well-positioned asset ensures high tenant demand and long-term growth. Don't miss out on this exceptional investment.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Zoning R-4
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 444721800
Listed by Chris Blanco • Berkshire Hathaway HomeServices California Properties