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Hillcrest Multifamily Investment Opportunity
For Sale
$1,550,000

3967 8th, San Diego, CA 92103

Five-unit property in Hillcrest near shops and dining.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market149

Property Features for 3967 8th

General Information

Standard status Active
Lot size 0.10 Acres
Property subtype Commercial
Listing Agency: Hacienda Realty
Listed By: Christamaria Ormsby · License #01414321
Source: Elliman
Added: Mar 11 Changed: Jul 10 Last Checked: Jul 10 at 1:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Hacienda Realty

Investment Insights

Based on property information with market context.

Located in Hillcrest, this property includes two buildings with a total of five units. The unit mix comprises two studios, two one-bedroom units, and one two-bedroom home. The property is situated one block from Whole Foods, Better Buzz, and various shops and dining options. There is an opportunity to purchase adjoining parcels for developers looking to expand and develop a larger complex, potentially up to 160 units. The area features new construction and development opportunities.

Key Highlights

  • Prime Hillcrest location: one block from Whole Foods, Better Buzz, shops, and dining.
  • Five‑unit building (5‑plex) with a mix of studios, 1‑bedroom, and 2‑bedroom units.
  • Development opportunity: potential to purchase adjoining parcels for larger complex development (up to 160 units potentially).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Computer & Electronic Repair Electrical Service Auto Parts Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,755
Businesses Nearby

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property in Hillcrest near shops and dining.
Where is this apartment building located?
The property is located at 3967 8th San Diego, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Prime Hillcrest location: **one block from Whole Foods, Better Buzz, shops, and dining.**; Five‑unit building (5‑plex) with a mix of studios, 1‑bedroom, and 2‑bedroom units.; Development opportunity: potential to purchase adjoining parcels for larger complex development (up to 160 units potentially).
More about this property
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