4209-4221 3Rd Ave, San Diego, CA 92103

9 Unit Apartment Building | $4,200,000 ($466,667/Unit) | 3.09% Cap Rate | San Diego, CA 92103

Asking Price $4,200,000

Property Type: Multifamily
Square Feet: 4,500 SF

Listing Contacts

Ron Bentley

Verified Profile

Property Info

Property Overview

Great 9 units in Hillcrest Area of San Diego. Close to both Scripps Med Ctr and UCSD Med Ctr. This purchase includes 2 parcels 444-720-18 with 5 units total, and 444-720-19 with 4 Units. Second parcel is all 2bed/1bath units. Financials are for both combined.
Current rents are below market value, good upside to these properties.

Property Details

Class: C
Year Built: 1960
Stories: 2
Lot Size (sq. ft): 4,792 SF
Units: 9

Highlights

Close to Scripps and UCSD Med Ctrs.
Off street parking
Low vacancy rate

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