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$2,399,000

FOR SALEActive

3767 7th Avenue

San Diego CA 92103

N/A

SF

Mixed Use

Type

N/A

Built

N/A

Cost/SF

51 days on marketNalren refreshed

Listing Agent

Conor Brennan

Listing Agent

DRE #: 01918598

(720) 841-8139

Brokerage: Conor Brennan, Broker

Location Analysis

Location unavailable

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 Information

Property Overview

Commercial - MixedUse

Property Type

Active

Status

5

Total Units

4.62%

Cap Rate

$111K

NOI

Property Highlights

N/A Property

Prime Location with High Visibility

4.62% Cap Rate

Location Analysis

Location unavailable

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