3947 3rd Avenue, San Diego, CA 92103
3947 3rd Avenue, San Diego, CA 92103
3947 3rd Avenue, San Diego, CA 92103
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567
$3,870,000
Est. payment /mo
Save Virtual Tour

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260011651SD

HOA Y/N No

Property Sub-Type Mixed Use

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 92103 - Mission Hills

Interior

Fireplace No

Exterior

Total Parking Spaces 4

Others

Tax ID 4446620500

Virtual Tour https://www.propertypanorama.com/instaview/snd/260011651

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ben Sierpina Marcus & Millichap #02062416

GET MORE INFORMATION

Shawn Kormondy

Shawn Kormondy

+1(323) 638-7567

Agent | License ID: 01451888

Agent License ID: 01451888

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Shawn Kormondy, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.