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14-Unit Apartment Building

3621 Park Blvd, San Diego, CA 92103

For Sale
New
$5,325,000

Building systems have been upgraded, and each residence includes its own washer and dryer.

Property SizeContact for details
Lot Size0.19 Acres
Days on Market2

Property Features for 3621 Park Blvd

General Information

Standard status Active
Net Rentable 8,107 SF
Lot size 0.19 Acres
Property subtype Commercial

Site & Location

Neighborhood Hillcrest
Road Access Yes
Public Transit Yes

Units

Unit Mix 3 x studio/1BA, 7 x 1BR/1BA, 4 x 2BR/1BA
Multifamily Units 14

Amenities

in-unit washer/dryer
mini-split AC
new electric water heaters

Building Details

Year Built 1936
Units 14
Listing Agency: Conor Brennan, Broker
Listed By: Conor Brennan · License CA #01918598
Source: Elliman
Added: Nov 12 Last Checked: Nov 12 at 2:31PM

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 Conor Brennan, Broker

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Investment Insights

Based on property information with market context.

At 3621 Park Blvd, this 14-unit apartment property includes approximately 8,107 rentable square feet on an approximately 8,221-square-foot lot. Built in 1936 with 11 units, it now includes three additional accessory dwelling units. The unit mix comprises three studios, seven one-bedroom apartments and four two-bedroom apartments, each with one bath. All units have in-unit laundry. Select residences have mini-split air conditioning and new electric water heaters. Plumbing, electrical service, individual unit subpanels and fire-safety systems have been upgraded.

The property is in San Diego, adjacent to University Heights and Balboa Park. Its Walk Score is 85, Bike Score is 68 and Transit Score is 54.

Key Highlights

  • 14 units across three studios, seven one‑bedroom units and four two‑bedroom units; all have one bath
  • Approximately 8,107 rentable square feet on an approximately 8,221‑square‑foot lot
  • Three accessory dwelling units added to the original 11‑unit property, built in 1936

Property Analytics

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Lease Details

14
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,022
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in San Diego, CA

$595 Jul
$593 Aug
$600 Sep
$592 Oct

Properties on Market for Apartment buildings in San Diego

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Building systems have been upgraded, and each residence includes its own washer and dryer.
Where is this apartment building located?
The property is located at 3621 Park Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $5,325,000.
What are key features of this property?
This property features: 14 units across three studios, seven one‑bedroom units and four two‑bedroom units; all have one bath; Approximately 8,107 rentable square feet on an approximately 8,221‑square‑foot lot; Three accessory dwelling units added to the original 11‑unit property, built in 1936
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