4217 3rd Avenue San Diego, CA $ 2,500,000
4217 3rd Avenue
$ 2,500,000
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4217 3rd Avenue

San Diego, CA, 92103
$ 2,500,000
Baths1.0 Sq 3,900

Monthly Estimate*

$ 15,393

Listed by South Bay Real Estate
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,500,000 with 1 full bath. This 3,900 square foot home was built in 1971 on a lot size of 0.1147.

Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diego’s rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. 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 with rental income. Don’t miss this competitively priced investment—perfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1147

Year Built

1971

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2601938

Days on Market

19

Features
General
Sewer Public Sewer
Appliances Dryer
Zoning Commercial-Residfential
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1971
Tenant Pays Parking Fee Telephone
Gross Income 0
Community Features Curbs Storm Drain(s) Street Lights Suburban Sidewalks
County San Diego
Net Operating Income 0
Operating Expense 60138
Insurance Expense 4600
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
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 false
Number Of Units Total 5
MLS Area 92103 - Mission Hills
Lot Size Units Square Feet
Lot Size Square Feet 4996
Number of Units Leased 0
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Owner May Carry Private Financing Available Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 4800
Water Sewer Expense 8400
Additional Parcels Y/N false
Rent Control Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2601938
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot Lots 21
Total Actual Rent 0
Taxes 31250
Cap Rate 3.93
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features In Kitchen
Entry Level 1
Total Baths 0
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Exterior
Lot Features 0-1 Unit/Acre
Total Parking 0
Lot Size Area 4996
Number of Buildings 2
Spa false
Building Area Total 3900
Lot Size Acres 0.1147
Private Pool false
Lot Size Source Assessor
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

Affordability Calculator

$15,393
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/13/2026$2,500,000 Listed Price

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4217 3rd Avenue, San Diego, CA, 92103 is a Multi-Family Home for sale at $2,500,000 with 3,900 sqft and a lot size of 0.1147. 4217 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