4209 3rd Avenue, Property Listing: MLS® #PTP2504032

4209-21 3rd Avenue is a 9-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 6800 sq ft across two legal parcels, the property. A common coin operated laundry room provides added convenience for residents. Features three buildings: two 2-story fourplexes 4209-15 with 2 bed/1 bath units, 4217-19-1/2 with 1 bed/1 bath units and a detached single-level 2bed/1 bath home. With the ability to secure 30 year fixed residential financing on one parcel, this investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The two legal parcels also provide an added exit strategy, allowing an investor to sell the parcels individually if desired. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

4209 3rd Avenue, Property Listing: MLS® #PTP2504032 Close
Page Summary
NEW
  • MLS® #: PTP2504032
  • 4209 3rd Avenue
  • , CA 92103
  • $4,500,000
  • 0.23 Acres
  • Office: South Bay Real Estate

4209-21 3rd Avenue is a 9-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 6800 sq ft across two legal parcels, the property. A common coin operated laundry room provides added convenience for residents. Features three buildings: two 2-story fourplexes 4209-15 with 2 bed/1 bath units, 4217-19-1/2 with 1 bed/1 bath units and a detached single-level 2bed/1 bath home. With the ability to secure 30 year fixed residential financing on one parcel, this investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The two legal parcels also provide an added exit strategy, allowing an investor to sell the parcels individually if desired. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

Supplemental Remarks

Essential Information

  • MLS® #PTP2504032
  • Listing Price$4,500,000
  • Original Listing Price$2,400,000
  • Date ListedMay 31st, 2025
  • Days on Market2
  • Bathrooms0.00
  • Acres0.23
  • Lot Sq.Ft.10,000
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address4209 3rd Avenue
  • AreaMISSION HILLS (92103)
  • SubdivisionHillcrest
  • CountySan Diego
  • StateCA
  • Zip Code92103

Amenities

  • PoolN/K

Exterior

  • Lot DescriptionCurbs
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Nearby Schools in

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS®, Inc.

Listing information last updated on June 16th, 2025 at 8:26am PDT.