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4209-4215 3rd Ave
Metro Uptown San Diego 92103

$2,725,000
Residential Income beds: 8 baths: 4.0 0 sq. ft. built: 1971

Main Photo: Residential Income for sale : 8 bedrooms : 4209-4215 3rd Ave in San Diego
Photo 1: Residential Income for sale : 8 bedrooms : 4209-4215 3rd Ave in San Diego
Photo 2: Residential Income for sale : 8 bedrooms : 4209-4215 3rd Ave in San Diego
Photo 3: Residential Income for sale : 8 bedrooms : 4209-4215 3rd Ave in San Diego
Photo 4: Residential Income for sale : 8 bedrooms : 4209-4215 3rd Ave in San Diego
Photo 5: Residential Income for sale : 8 bedrooms : 4209-4215 3rd Ave in San Diego
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260026179
Bedrooms:
8
Bathrooms:
4
Year Built:
1971
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Hillcrest
Name of Complex/Subdivision:
Hillcrest (HC)
Building Name:
None
Total Building Area:
3,264 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
8
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1971
Age (in years):
55 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash
Cap Rate.:
5.01
Gross scheduled income:
189000.0
Other income actual:
0
Operating expense:
46694.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
Electricity, Gas/Propane
Unit Number for Unit 1:
4209
Unit Number for Unit 2:
4211
Unit Number for Unit 3:
4213
Unit Number for Unit 4:
4215
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
0 sq. ft.
Parcel Number:
444-720-19-00
Cooling:
Central Forced Air
Roof:
Composition
Security:
Gated Community
Fencing:
Gate
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Listed by CBRE
Data was last updated November 3, 2026 at 03:10 PM (UTC)
Area Statistics
Listings on market:
153
Avg list price:
$1,895,000
Min list price:
$749,000
Max list price:
$10,900,000
Avg days on market:
64
Min days on market:
1
Max days on market:
574
These statistics are generated based on the current listing's property type and located in Metro Uptown. Average values are derived using median calculations. This data is not produced by the MLS® system.
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 Multiple Listing Service, Inc. 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 © 2026 San Diego Multiple Listing Service, Inc.