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Property Details
Property Name
3657-61½ 7th Avenue
Address
3657-61 7th Ave, San Diego, CA 92103
Asking Price
$2,349,000
Units
5
Building Size
4,600 SF
Property Type
Multifamily
Cap Rate
—
Price Per Unit
$469,800
Status
Active
Broker
South Coast Commercial
Investment Opportunity
Five units in three buildings on a 6,996 SF Hillcrest lot: a free-standing front home of about 1,950 SF, two 2-bedroom residences and two 1-bedroom residences, about 4,600 SF in total (built 1974 and 1994).
The owner has renovated interiors. Features include a gated entry, on-site parking and laundry, storage lockers and private balconies on the one-bedroom units, within walking distance of Hillcrest dining, Balboa Park and Downtown.
A South Coast Commercial listing. Contact Arby Eivazian for more information.
Why This Property
Strong in-place income
High-demand urban corridor
Rental upside potential
Limited competing inventory
Suitable for 1031 exchange
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