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4217 21 3rd Avenue San Diego, CA $ 2,400,000
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4217 21 3rd Avenue
$ 2,400,000
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4217 21 3rd Avenue

San Diego, CA, 92103
$ 2,400,000
Baths1.0 Sq 3,900

Monthly Estimate*

$ 14,973

Listed by South Bay Real Estate
​
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,400,000 with 1 full bath. This 3,900 square foot home was built in 1971 on a lot size of 0.2296.

Location, location, location, these phenomenal units in hillcrest must not be missed! Having a separate detached free standing 2-bedroom unit is a fantastic feature, providing flexibility for extended family, guests, or rental income. The multi-family zoning and potential for additional construction make this property even more attractive for investment or future expansion. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living while also having rental income. This property is one of 2 properties in a portfolio being offered for sale. Each property can be purchased on an individual basis. Don’t miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego's most desirable residential submarkets.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2296

Year Built

1971

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2504033

Days on Market

205
Features
General
Sewer Public Sewer
Zoning RM 3-9
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1971
Gross Income 9502
Community Features Gutter(s) Suburban Sidewalks
County San Diego
Net Operating Income 4195
Operating Expense 5306
Insurance Expense 75
New Construction 0
Property Type Residential Income
HOA 0
Contingency None Known
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions From Washington St. make a right on 4th Ave. Make a left on Arbor Drive and a right on 3rd Ave.
City San Diego
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 5
MLS Area 92103 - Mission Hills
Lot Size Units Square Feet
Lot Size Square Feet 10000
Number of Units Leased 5
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange Fannie Mae Owner May Carry Submit
Property Attached Y/N 1
Land Lease Y/N 0
Trash Expense 0
Water Sewer Expense 120
Rent Control Y/N 0
Virtual Tour https://shared.outlook.inky.com/link?domain=ranchophotos.com&t=h.eJxlzksOgjAUheGtkI6F29KHhRFbudCLNQIlbSExxr1rpzr-cv6cFzviwvqK-Zz31ANE3CYfdh9ySM0UVliXBKrlXZ39PboaTwJ2qdijjDbKId6EkK2wRgC5IYUj-xGfkZovguZoRyNnrpWmaR6VM5KctYitMzh3IK7K8k5wLRvOjSllKuUQHc... https://shared.outlook.inky.com/link?domain=ranchophotos.com&t=h.eJxlzssOgjAQheFXIV0LbenFwopXGZjBGi8l02JijO-u3er6y_lzXmLnqxgbEUvZ8iglw32JaYuppNwt6SZtr4a2xDNjCw-S4tCISx3cqSQ-aW16HbyWhFNOe4kzPJm6L0qnIMzerMpZR8s6W_SGMASAHj2sg9RHG9SglTOdUt7XMtVyYiTO0-...
Building Area Units Square Feet
Standard Status Active
Year Built Source Estimated
Tax Lot 4447201800
Total Actual Rent 9502
Taxes 2395
Cap Rate 1.75
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N 0
Heating Y/N 0
Fireplace Y/N 0
Laundry Features Common Area Laundry Room Outside
Entry Level 1
Total Baths 0
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Exterior
Lot Features Level Street Level Yard
Total Parking 0
Lot Size Area 10000
Number of Buildings 2
Spa 0
Building Area Total 3900
Lot Size Acres 0.2296
Private Pool 0
Lot Size Source Appraiser
Number of Separate Water Meters 1
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
South Bay Real Estate

Broker

ed@southbayre.net

Email

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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,400,000 Listed Price

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4217 21 3rd Avenue, San Diego, CA, 92103 is a Multi-Family Home for sale at $2,400,000 with 3,900 sqft and a lot size of 0.2296. 4217 21 3rd Avenue is a studio with 1.0 baths and was built in 1971. The property's zip code is 92103 which is in San Diego, CA

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