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$3,870,000
Est. payment /mo
12 Beds
12 Baths
6,484 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Pending
Purchase Type For Sale
Square Footage 6,484 sqft
Price per Sqft $596
MLS Listing ID 260011651
Bedrooms 12
Full Baths 12
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
3947–59 3rd Avenue is a 12-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego, California.? Originally constructed in 1950, the property offers classic architectural character in one of the city's most walkable and supply-constrained rental submarkets.? The 6,484 sqft property consists of (12) one-bedroom / one-bathroom units, catering to a broad tenant base and providing a straightforward, efficient layout attractive to renters.? On a 10,497 sqft lot, it is located in Complete Communities Tier 2 with an 8.0 FAR.? Situated one parcel south of Washington St and along the prominent 3rd Avenue corridor, the asset benefits from immediate proximity to Hillcrest's vibrant retail, dining, and entertainment amenities, while offering convenient access to Downtown San Diego and major employment centers.? 3947–59 3rd Avenue presents investors with the opportunity to capitalize on strong in-place rental demand with additional upside through renovations and potential high density development.?
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 4
Building
Story 2
Others
Senior Community No
Tax ID 444-662-05-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/260011651
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Listed by Ben Sierpina, DRE#02062416 Marcus & Millichap
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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