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Commercial Property — 3767 7th Avenue, San Diego, CA

$2,590,000

3767 7th Avenue, San Diego, CA

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About this property

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.

Property details

Property type
Commercial Sale

Location

3767 7th Avenue • San Diego, CA 92103

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Listed by

Conor Brennan · Conor Brennan, Broker

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