Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Year built

1971

Stories

2

Cooling

Central Air

Status

Active

Days on market

1

MLS #

249146632

About this property

Pleased to present 4209-15 3rd Avenue, a meticulously renovated four-unit multifamily property in the heart of San Diego’s electric Hillcrest neighborhood and adjacent to UCSD’s $3 billion medical campus redevelopment. Completed with a high-end to-the-studs renovation as of July 2026, the property consists of four spacious 2 Bedroom / 1 Bathroom units, each finished with designer-grade materials and entirely new building systems throughout. Two of the four units enjoy large private backyards, while the upper-level units feature large private balconies. Each unit is equipped with two dedicated parking spaces — eight spaces in total — a rare and valuable premium in this walkable, transit-friendly pocket of Uptown San Diego where off-street parking is scarce. With every major system replaced or upgraded — roof, HVAC, electrical, plumbing, windows, and security — 4209-15 3rd Avenue offers an investor a true turnkey opportunity in one of San Diego’s most in-demand rental submarkets, with a new construction feel and strong tenant appeal from day one.

Location

4215 3rd Ave

San Diego, San Diego, CA, 92103