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4209 3rd Avenue

San Diego, CA 92103
  • $4,500,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: PTP2504032
$4,500,000
  • 8
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

4209-21 3rd Avenue is a 9-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 6800 sq ft across two legal parcels, the property. A common coin operated laundry room provides added convenience for residents. Features three buildings: two 2-story fourplexes 4209-15 with 2 bed/1 bath units, 4217-19-1/2 with 1 bed/1 bath units and a detached single-level 2bed/1 bath home. With the ability to secure 30 year fixed residential financing on one parcel, this investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The two legal parcels also provide an added exit strategy, allowing an investor to sell the parcels individually if desired. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/164437988
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4209 3rd Avenue San Diego, CA 92103

  • Price: $4,500,000
  • Status: Active
  • On Site: 43 Days
  • ID#: PTP2504032
8
Beds
0
Baths
0
½ Baths
0.23
Acres
Neighborhood:
Hillcrest
County:
San Diego
Area:
Mission Hills (92103)
Property Description
4209-21 3rd Avenue is a 9-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 6800 sq ft across two legal parcels, the property. A common coin operated laundry room provides added convenience for residents. Features three buildings: two 2-story fourplexes 4209-15 with 2 bed/1 bath units, 4217-19-1/2 with 1 bed/1 bath units and a detached single-level 2bed/1 bath home. With the ability to secure 30 year fixed residential financing on one parcel, this investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The two legal parcels also provide an added exit strategy, allowing an investor to sell the parcels individually if desired. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.
Exterior Features

Pool Features N/K

Interior Features

Bathrooms Total 4

Property Features

Assessments N/K Association Fee 0 Building Area Total 0 CFDMello Roos Fee 0 CFDMello Roos Fee Reflct Year Gross Scheduled Income 17179 Listing Terms CashConventionalSeller May Carry Lot Size 7500-10889 SF Operating Expense 4870 Property Sub Type Res Income 2-4 Units Sale Rent For Sale Site Curbs Zoning Estimated

San Diego MLS logo Listing provided courtesy of Ed Bustamante of South Bay Real Estate: 619-778-4579. Listing information © 2025 San Diego MLS Inc. Source: CR Paragon
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116