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1751 University Ave San Diego, CA 92103

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For Sale
$20,000,000

58-unit apartment complex in San Diego's desirable Hillcrest neighborhood.

Type:Multifamily
Property size:
41,330 SF
Lot size:
0.30 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:41 am

Property Features for 1751 University Ave

General Information

Standard status
Active
Size
41,330 SF
Lot size
0.30 Acres
Property subtype
Multifamily

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Listing Contact
Ben Sierpina

Listing agent Ben Sierpina License #CA: 02062416

Listing office San Diego Downtown Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 San Diego Downtown Office


Overview

Hillcrest Multifamily Investment Opportunity

The Marquis at 1751 University Avenue is a 58-unit multifamily property in the Hillcrest neighborhood of San Diego, California. Constructed in the 1920s, the well-maintained apartment complex sits on a 13,207-square-foot lot and offers approximately 41,330 square feet, with a large basement storage area. The property features a unit mix that includes 2 extra-large penthouse units with rooftop decks, 4 two-bedroom/two-bathroom units, 35 one-bedroom/one-bathroom units, and 9 studio apartments. A significant amount of upgrades have occurred over the years. Residents have access to amenities such as gated access, a fully equipped fitness center, a business center, additional storage, bicycle storage, in-unit fireplaces, and on-site laundry facilities. Located in Hillcrest, 1751 University Avenue benefits from walkability and access to the area’s attractions. It is located blocks away from Balboa Park and has access to the 163 freeway. With current rents below market value and renovation potential, this property represents a value-add opportunity for investors aiming to modernize interiors and boost cash flow.
Location Intelligence

Current Use by Public Records

The Marquis at Hillcrest Historic ... Apartment Building English House Immersion Training Center

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.1471552
Latitude
32.748218

FAQs

What type of property is this?
Apartment building - 58-unit apartment complex in San Diego's desirable Hillcrest neighborhood.
Where is this apartment building located?
The property is located at 1751 University Ave San Diego, CA.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Prime Hillcrest location with exceptional walkability and access to Balboa Park and the 163 freeway.; Value‑add opportunity with below‑market rents and renovation potential to increase cash flow.; Desirable unit mix including penthouse units with rooftop decks, two‑bedroom, one‑bedroom, and studio apartments.
More about this property
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