Listed by Berkshire Hathaway HomeServices California Properties, Chris Blanco, Listing Contact: 619-806-1310

3 Beds

2 Baths

$3,350,000

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

Price per sqftN/A

Property typeMulti-family

Overview

Sold

Listed Feb 17, 2025

Updated 8 days ago

This exceptional 9-unit multi-family investment offers strong income potential with significant upside. Situated on two separate lots with independent APNs, the property consists of three buildings: four 1-bedroom, 1-bath units, four 2-bedroom, 1-bath units, and a charming stand-alone bungalow with a bonus room/spare bedroom/den, that can be used by an owner to manage the units. The majority of units have been updated. The property remains consistently occupied with stable, long-term tenants and is currently rented well below market, presenting a fantastic value-add opportunity. Ideally located on a tree-lined street in a quiet yet convenient neighborhood near UCSD Medical Center, Scripps Mercy Hospital, shopping, restaurants, and major freeways. This well-positioned asset ensures high tenant demand and long-term growth. Don’t miss out on this exceptional investment.

Additional information

MLS^® ID: 250019118

Interior Features

Bedrooms: 3
Bathrooms: 2
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.23 Acres

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Data last updated 12:46 PM UTC, 11/3/2026

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