339-222-3361
3513-3533 1st Ave, San Diego, CA for Sale
Apartments - FOR SALE
1/17
null | Request Cap Rate

3513-3533 1st Ave
San Diego, CA 92103
Hillcrest


HIGHLIGHTS

  • Updated Major Systems (electrical, plumbing & hvac)
  • Turnkey Asset
  • Phenomenal Location

OVERVIEW

South Coast Commercial is pleased to present Val De Flores, a 19-unit multifamily asset representing a premier, stabilized investment opportunity in the heart of Hillcrest, one of San Diego’s most supply-constrained and high-demand rental submarkets. The property features eight 2-bedroom/1-bathroom units, three 1-bedroom/1-bathroom units, and eight ADUs, delivering a turnkey asset with zero deferred maintenance. Its location offers tenants an unparalleled urban lifestyle, situated just steps from the world-class museums, trails, and cultural landmarks of Balboa Park. The asset is defined by its comprehensive modernization, with all major systems—including electrical, plumbing, and HVAC—fully upgraded to meet contemporary standards. These improvements, paired with high-end interior finishes, significantly reduce future capital expenditure requirements while attracting a premium tenant profile. For the sophisticated investor, this property offers the rare combination of immediate, stabilized cash flow and long-term appreciation in a “Walker’s Paradise” location that consistently outperforms the broader market.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

19

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Val De Flores

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1933

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,177 SF

ZONING

RM-3-9

APN/PARCEL ID

452-401-06

ASK ABOUT THIS PROPERTY

Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

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Brendan FlynnSouth Coast Commercial, Inc.More Info
339-222-3361

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