Active
4209-4221 3rd Ave
Mission Hills CA, 92103
$3,750,000
Active
3 Beds
Commercial
This exceptional 9-unit multi-family investment offers strong income potential with significant upside. Situated on two separate lots with independent APNs, the property consists of three buildings: four 1-bedroom, 1-bath units, four 2-bedroom, 1-bath units, and a charming stand-alone bungalow with a bonus room/spare bedroom/den, that can be used by an owner to manage the units. The majority of units have been updated. The property remains consistently occupied with stable, long-term tenants and is currently rented well below market, presenting a fantastic value-add opportunity. Ideally located on a tree-lined street in a quiet yet convenient neighborhood near UCSD Medical Center, Scripps Mercy Hospital, shopping, restaurants, and major freeways. This well-positioned asset ensures high tenant demand and long-term growth. Don't miss out on this exceptional investment.
250019118
MLSⓇ ID
February 17, 2025
Listed
February 22, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
3
Appliances
Refrigerator
Laundry Description
Leased
Floor Description
Concrete, Wood, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Roof
Composition, Other
Other Property Details
Area Name
Metro Uptown
Days on Market
6
Garage
No
Parking
Spaces
View
No
County
San Diego
Pool
No
Zoning
R-4
Listed by Berkshire Hathaway HomeServices California Properties, Chris Blanco,
Listing Contact: 619-806-1310
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Data last updated 2:01 AM UTC, 2/22/2025