3939 7th Avenue, San Diego, CA 92103

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Glen Henderson

[email protected] +1(619) 889-7646

$5,245,000

Est. payment - /mo

1 Bath

8,568 SqFt

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Key Details

Property Type Single Family Home, Condo

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 8,568 sqft

Price per Sqft $612

MLS Listing ID 240018814

Property Sub-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. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. 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

Tax ID 444-683-04-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/230002134

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Listed by Benn Vogelsang NorthMarq Multifamily

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

3939 7th Avenue San Diego, CA 92103

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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