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$2,399,000
Est. payment /mo
7 Beds
6 Baths
3,910 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,910 sqft
Price per Sqft $613
MLS Listing ID 260022672
Bedrooms 7
Full Baths 6
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
We are pleased to exclusively present for sale 3767 7th Avenue, an exceptionally restored Spanish-style multifamily investment located in the heart of Hillcrest, one of San Diego's most desirable and supply-constrained urban neighborhoods. Combining stabilized in-place cash flow with fully entitled expansion potential, the offering presents a rare opportunity to acquire a trophy-quality asset featuring immediate development upside. The property currently consists of four legal apartment units and one non-conforming one-bedroom unit, while approved plans allow a purchaser to immediately commence construction of nine additional apartment units and legalize the existing non-conforming residence, resulting in a 14-unit apartment community upon completion.
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 4521032500
Special Listing Condition Call Agent
Virtual Tour https://www.propertypanorama.com/instaview/snd/260022672
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Listed by Conor M Brennan, DRE#01918598 Conor Brennan, Broker
Nearby School & Business
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