38
See all 38 photos
$3,750,000
Est. payment /mo
9,994 Sqft Lot
New
4209-4221 3rd Ave San Diego, CA 92103
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UPDATED:
02/21/2025 11:39 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250019118
Lot Size 9,994 Sqft
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 Mission Hills (92103)
Zoning R-4
Interior
Heating Wall
Cooling Wall/Window
Flooring Vinyl
Laundry Leased
Exterior
Exterior Feature Block Fence, Wood Fence
Parking Features Spaces
Roof Type Composition,Other/Remarks
Building
Story 2
Others
Space Rent $186,166
Virtual Tour https://www.propertypanorama.com/instaview/snd/250019118
Listed by Chris Blanco • Berkshire Hathaway HomeServices California Properties