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$ 1,800,000
Est. payment | /mo
$ 1,800,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250032650SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Seller Financing Available Located in the heart of San Diego's vibrant Hillcrest neighborhood, the property at 3967-69 8th Avenue, San Diego, California, offers an exciting opportunity for investors seeking a five-unit multifamily property. Constructed in 1931, this building combines historical charm with significant potential for modernization or value-add improvements. The property sits on a 0.10-acre lot, with a total of 3,650 square feet of building space, delivering an average of approximately 730 square feet per unit. The property is in average condition, reflecting a mix of its original 1930s design and more recent updates. While functional and fully operational, there may be opportunities to enhance the property with modern finishes, updated appliances, or efficiency improvements to align with tenant expectations in this high-demand rental market. This makes the property appealing to value-driven investors who recognize the potential for increasing rents through thoughtful upgrades.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Interior
Fireplace No
Others
Tax ID 4446900500
Listed by Aaron Bove Marcus & Millichap