4209 3rd Ave , San Diego, CA 92103
San Diego, CA 92103
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.
Details
| MLS# | 250019118SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 61 |
| Listing Provided By | Berkshire Hathaway HomeServices California Properties 619-294-3113 | Chris Blanco |
Features
| Units | 9 |
|---|---|
| Building(s) | 3 |
| Zoning | R-4 |
| Acreage | 0.23 |
Market Activity 92103
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (In 92103) | |
Price: $3,750,000 low | high Med: $995,000 On site: 61 low | high Med: 94.000000 | |