4209 3rd Ave new Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92103
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250019118SD
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)
Exterior
Roof Type Composition