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$4,900,000
Est. payment /mo
16 Baths
8,568 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 8,568 sqft
Price per Sqft $571
MLS Listing ID 260007693
Full Baths 16
Lot Size 5,697 Sqft
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 444-683-04-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/230002134
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Listed by Benn Vogelsang, DRE#01883437 NorthMarq Multifamily
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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