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.
MLS #
SD250019118
MLS Source
San Diego MLS
Flooring
Concrete, Vinyl, Wood
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Composition, Other
Garage/Parking
Other, Garage: Car(s)
Zoning
R-4
Listing Agent
Chris Blanco
Berkshire Hathaway HomeServices California Propert
License #: 01260292
Phone: (619) 806-1310
Co-Listing Agent
Bill Starling
License #: 01843101
Phone: (619) 807-8773
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 9 | 9 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | – | 0/0 | – | $10,183 | – |
2 | – | – | 0/0 | – | $6,995 | – |
4209-4221 3rd Ave is a Residential Income in San Diego, CA 92103. This – square foot property sits on a 9,994 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,350,000 and was built in –.
This address can also be written as 4209-4221 3rd Ave, San Diego, CA 92103.©2025 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
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This listing information is up-to-date as of May 15, 2025. For the most current information, please contact Chris Blanco, (619) 806-1310