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Glen Henderson

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

$3,870,000

Est. payment - /mo

12 Beds

12 Baths

6,484 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

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

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

3947-59 3rd Avenue San Diego, CA 92103

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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