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Two-Unit Duplex
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3422-24 Albert Street, San Diego, CA 92103

1939 construction with established tenancy in walkable Hillcrest.

Property Size1,668 SF
Lot Size0.16 Acres
Price / SF$899.28
Days on Market6

Property Features for 3422-24 Albert Street

General Information

Standard status Active
Size 1,668 SF
Class C
Total Parking Spaces 4
Lot size 0.16 Acres
Property subtype Multifamily
Occupancy 50%
Investment Type Value Add
Net Operating Income $29,569

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1939
Buildings 2
Units 2
Tenancy Multi
Listing Agency: Marcus & Millichap - Downtown San Diego
Listed By: Ben Sierpina · License #CA 02062416
Source: Crexi
Added: Aug 26 Changed: Aug 31 Last Checked: Aug 31 at 7:16PM

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 Marcus & Millichap - Downtown San Diego

Investment Insights

Based on property information with market context.

Located at 3422-24 Albert Street, this duplex contains two residential units within a 1,668-square-foot property. Built in 1939, the building retains classic architectural character and sits on a 7,105-square-foot lot. Established tenancy is in place, and the layout provides a compact residential configuration in an established urban setting.

The property is positioned in San Diego’s Hillcrest area, near the neighborhood’s business district and its collection of dining, coffee shops, grocery stores, and everyday retail. Balboa Park is also nearby, while Downtown San Diego and major employment centers are accessible via SR-163 and Interstate 5.

Key Highlights

  • Two residential units in a 1,668‑square‑foot duplex
  • 7,105‑square‑foot lot
  • Constructed in 1939

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Electronics & Wireless 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.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,348
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
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Frequently Asked Questions

What type of property is this?
Duplex - 1939 construction with established tenancy in walkable Hillcrest.
Where is this duplex located?
The property is located at 3422-24 Albert Street San Diego, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two residential units in a 1,668‑square‑foot duplex; 7,105‑square‑foot lot; Constructed in 1939
(858) 735-6632 Call to check price and availability
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