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3691 National Ave

Active

Featured Listing

3691 National Ave

3691 National Avenue

$5,720,000

UNITS

22

PROPERTY TYPE

Multifamily

SQUARE FEET

12,077

CAP RATE

AE

Arby Eivazian

DRE# 01948830 · South Coast Commercial

619-990-4436

Property Details

Property Name

3691 National Ave

Address

3691 National Avenue, San Diego, CA

Asking Price

$5,720,000

Units

22

Building Size

12,077 SF

Property Type

Multifamily

Cap Rate

Price Per Unit

$260,000

Status

Active

Broker

Arby Eivazian

Investment Opportunity

South Coast Commercial is proud to exclusively present 3691 National Avenue, a 22-unit multifamily community located in the heart of Southcrest, a rapidly transforming neighborhood of San Diego. The property consists of 21 spacious 1-bedroom/1-bathroom units and 1 studio — a highly efficient and desirable unit mix tailored for workforce-housing demand and long-term tenancy. The +/-18,253 SF lot hosts a two-story structure with a gated layout, surface parking, and on-site laundry.

Investors will benefit from in-place cash flow while unlocking upside through interior renovations and professionalized operations; some units already include cosmetic improvements such as updated paint and flooring. Strategically located minutes from Downtown San Diego, Naval Base San Diego, National City, and major transit corridors, and positioned within a Qualified Opportunity Zone, 3691 National Avenue offers both dependable income and meaningful repositioning potential.

Why This Property

Strong in-place income

High-demand urban corridor

Rental upside potential

Limited competing inventory

Suitable for 1031 exchange

More Opportunities

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Interested in This Property?

Request the full offering memorandum, financial details, and schedule a private showing.

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