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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