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
Other Available Listings

Active
3691 National Ave
22 Units · San Diego, CA
$5,720,000
22
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Active
3691 National Ave
22 Units · San Diego, CA
$5,720,000
22
View Details

Active
3691 National Ave
22 Units · San Diego, CA
$5,720,000
22
View Details
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