3409--3421 5th Ave - Apartments FOR SALE


San Diego, CA 92103- Hillcrest
$2,295,000 USD
619-994-4044
3409--3421 5th Ave, San Diego, CA for Sale
$2,295,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

3409--3421 5th Ave
San Diego, CA 92103
Hillcrest


HIGHLIGHTS

  • Prime Uptown/Hillcrest location just steps from Balboa Park, shops, restaurants and transit
  • Located on a high-traffic corridor in one of San Diego's most vibrant and walkable neighborhoods
  • Convenient access to Downtown San Diego, Little Italy, the Bay, airport and freeways

OVERVIEW

Classic 6-unit apartment building in San Diego's prime Hillcrest/Uptown submarket - offering excellent visibility along a high-traffic corridor, just steps from Balboa Park. Ideally situated in one of San Diego's most vibrant and walkable neighborhoods with consistent demand and close proximity to shops, restaurants, residential developments and transit. The building consists of approx 4148 SF, with a mix of: two studios, two 1 BD/1 BA, one 2 BD/2 BA + office, and one 3 BD/1 BA. All units feature their own private in-unit laundry. Lot consists of approx 5050 SF. Zoned CC-3-9 for commercial use with potential for rental income growth or future redevelopment, including maximizing Complete Communities incentives. Convenient access to I-5, I-163, I-8, and Downtown San Diego. A rare investment opportunity in one of San Diego’s most active urban markets. NOTE: Multi-unit property next door also for sale, with 7000+ SF lot. Opportunity to buy both for combined lot size of over 12,000 SF (510 Upas St - listed by different broker).

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$553 USD /SF

# OF UNITS

6

PRICE/UNIT

$382,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,050 SF

ZONING

CC3-9

APN/PARCEL ID

452-555-05,452-555-05-00

ASK ABOUT THIS PROPERTY

Bond SchoeffelRBV PropertiesMore Info
619-994-4044

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Bond SchoeffelRBV PropertiesMore Info
619-994-4044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.