4209 3rd Ave, San Diego CA 92103 | $3,750,000
Listing provided courtesy of Chris Blanco of Berkshire Hathaway HomeServices California Properties. Last updated 2025-04-29 08:29:02.000000. Listing information © 2025 SANDICOR.
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.
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Parking Spots: 0.00
Construction Materials: Drywall Walls
Construction Materials: Frame
Construction Materials: Stucco
Heating: Wall Furnace
