San Diego, CA 92103,4209 3rd Ave
San Diego, CA 92103,4209 3rd Ave
San Diego, CA 92103,4209 3rd Ave
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$3,750,000
Est. payment /mo
9,992 Sqft Lot

UPDATED:

02/21/2025 11:44 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250019118SD

HOA Y/N No

Lot Size 9,992 Sqft

Property Sub-Type Mixed Use

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 92103 - Mission Hills

Zoning R-4

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 444721800


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California Regional MLS (CRMLS)
Listed by Chris Blanco • Berkshire Hathaway HomeServices California Properties