3852 Third Ave San Diego, CA 92103
Renovated 7-unit complex with retail space in prime location.
Type:Multifamily
Property size:
6,178 SFLot size:
0.12 Acres- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:02 am
Property Features for 3852 Third Ave
General Information
- Standard status
- Active
- Size
- 6,178 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multifamily
Listing agent Ben Sierpina License #CA: 02062416 (858) 373-3215
Listing office San Diego Downtown Office (858) 373-3215
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of San Diego Downtown Office
Overview
Hillcrest Mixed-Use Investment Opportunity
Located in the Hillcrest submarket of San Diego, the property at 3852 3rd Avenue is a 7-unit complex originally built in 1968 and extensively renovated. The property, totaling approximately 6,178 square feet, is situated on a 5,317 square foot lot along 3rd Avenue. The unit mix includes two 2-bedroom/2-bath units, four 2-bedroom/1-bath units, and one street-level retail space. The exterior features new paint, dual-pane vinyl windows, and a new gated entry with a security system. The building was fully replumbed in 2025. All six apartment units have undergone extensive interior renovations, including LVP flooring, upgraded cabinets, granite countertops, new appliances, and modernized bathrooms. Four units feature new mini-split A/C systems, and two units have also been updated with in-unit stackable washer/dryers. All units are equipped with A/C systems (mini-split and wall-mounted units), and two units have also been updated with in-unit stackable W/D. Tenants utilize seven off-street parking spaces and one single-car garage. Approved plans and permits, with all permit fees paid, are in place to convert the garage into one studio ADU and the carport into one 1-bedroom/1-bath ADU. The property is located near University Avenue, UC San Diego/Scripps Mercy Hospital, Downtown, and Mission Valley. Interstate 5 and 163 Freeway are easily accessible.
Location Intelligence
Current Use by Public Records
Beauty Day Spa
Alternative Medicine Practice
Hair Specialist Carlos ...
Hair Salon
Donebyroger
Hair Salon
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.163078
- Latitude
- 32.747882
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Renovated 7-unit complex with retail space in prime location.
Where is this apartment building located?
The property is located at 3852 Third Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Prime Hillcrest location with a Walk Score of 97, steps away from shops and restaurants on University Avenue.; Approved plans and permits for two ADUs (1 studio and 1 one‑bedroom) to significantly increase cash flow.; Extensive renovations including new paint, dual pane windows, gated entry with security system, and replumbing (2025).
