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Hillcrest Multifamily Property For Sale
For Sale
$2,500,000

4217 21 3rd Ave, San Diego, CA 92103

Five-unit multifamily property in San Diego's Hillcrest neighborhood.

Property Size3,900 SF
Price / SF$641.03
Days on Market99

Property Features for 4217 21 3rd Ave

General Information

Standard status Active
Size 3,900 SF
Property subtype Investment

Building Details

Year Built 1971
Listing Agency:
Listed By: ED Bustamante · License #01458028
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 8:15AM

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 ED Bustamante

Investment Insights

Based on property information with market context.

Located in the rapidly developing Hillcrest neighborhood of San Diego, this multifamily property at 4217-21 3rd Avenue features five units. The property spans over 3900 square feet and includes laundry facilities in every unit. The property consists of two buildings: a two-story fourplex and a detached single-level home with two bedrooms and one bathroom. The location provides convenient access to grocery stores, restaurants, hospitals, major roadways, and the beach. The property is positioned as an investment opportunity in a high-demand rental market, suitable for repositioning and long-term growth.

Key Highlights

  • Prime Hillcrest location with a Walk Score of 97 (Walker's Paradise) in a rapidly developing area.
  • Five‑unit multifamily property with long‑term investment potential.
  • Laundry facilities in every unit for added resident convenience.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Daycare Center Carpet & Flooring Store Mobile Phone Store Home Appliance Store

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

6,300
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 multifamily property in San Diego's Hillcrest neighborhood.
Where is this apartment building located?
The property is located at 4217 21 3rd Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Prime Hillcrest location with a Walk Score of 97 (Walker's Paradise) in a rapidly developing area.; Five‑unit multifamily property with long‑term investment potential.; Laundry facilities in every unit for added resident convenience.
More about this property
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