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Apartment Building with Approved Expansion

3767 7th Avenue, San Diego, CA 92103

For Sale
$2,399,000

Approved plans support nine additional apartments and legalization of the existing one-bedroom residence.

Property SizeContact for details
Days on Market57

Property Features for 3767 7th Avenue

General Information

Standard status Active
Property subtype Mixed Use

Site & Location

Neighborhood Hillcrest

Additional Details

Multifamily Units 5

Building Details

Construction Spanish-style
Listing Agency: Conor Brennan, Broker
Listed By: Conor Brennan · License CA #01918598
Source: Selectlivingrealty
Added: Sep 16 Changed: Nov 7 Last Checked: Nov 10 at 4:07PM

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.

The Spanish-style multifamily property contains four legal apartments and a separate one-bedroom residence that is currently nonconforming. Approved plans provide for nine more apartments and legalization of that residence, bringing the planned community to 14 units upon completion.

The property is on 7th Avenue in Hillcrest, San Diego.

Key Highlights

  • Four legal apartments plus one nonconforming one‑bedroom residence
  • Approved plans provide for nine additional apartment units
  • Plans include legalization of the existing one‑bedroom residence

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

7,042
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 - Approved plans support nine additional apartments and legalization of the existing one-bedroom residence.
Where is this apartment building located?
The property is located at 3767 7th Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: Four legal apartments plus one nonconforming one‑bedroom residence; Approved plans provide for nine additional apartment units; Plans include legalization of the existing one‑bedroom residence
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