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$ 2,399,000
Est. payment /mo
Price Dropped by $191K
3767 7th Avenue San Diego, CA 92103
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260022672SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
We are pleased to exclusively present for sale 3767 7th Avenue, an exceptionally restored Spanish-style multifamily investment located in the heart of Hillcrest, one of San Diego's most desirable and supply-constrained urban neighborhoods. Combining stabilized in-place cash flow with fully entitled expansion potential, the offering presents a rare opportunity to acquire a trophy-quality asset featuring immediate development upside. The property currently consists of four legal apartment units and one non-conforming one-bedroom unit, while approved plans allow a purchaser to immediately commence construction of nine additional apartment units and legalize the existing non-conforming residence, resulting in a 14-unit apartment community upon completion.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Interior
Fireplace No
Others
Tax ID 4521032500
Virtual Tour https://www.propertypanorama.com/instaview/snd/260022672
Listed by Conor Brennan Conor Brennan, Broker #01918598