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Multifamily Property with Triplex
New
For Sale
$2,200,000

3856 First Ave, San Diego, CA 92103

Front residence and rear triplex create a flexible multifamily configuration with off-street parking.

Property SizeContact for details
Days on Market5

Property Features for 3856 First Ave

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Investment

Additional Details

Multifamily Units 4

Building Details

Year Built 1965
Buildings 2
Stories 2
Units 4
Listing Agency:
Listed By: Ali Payam Batiari
Source: Elliman
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 18 at 7:08AM

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 Ali Payam Batiari

Investment Insights

Based on property information with market context.

This multifamily property combines a front house with a separate triplex positioned at the rear of the parcel. The rear building includes three garages, along with two additional parking spaces reached from the alley, providing five documented off-street parking spaces in total.

The property received substantial system and building upgrades, including a new roof, electrical replacement, and plumbing replacement. Built in 1965, the asset is located at 3856 First Ave in San Diego’s Hillcrest neighborhood. Walk Score is 91, Bike Score is 57, and Transit Score is 53.

Key Highlights

  • Front house paired with a rear triplex
  • Three garages plus two alley‑accessed parking spaces
  • New roof, replaced electrical, and replaced plumbing

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center Mobile Phone 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

11,398
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?
Multifamily property - Front residence and rear triplex create a flexible multifamily configuration with off-street parking.
Where is this multifamily property located?
The property is located at 3856 First Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Front house paired with a rear triplex; Three garages plus two alley‑accessed parking spaces; New roof, replaced electrical, and replaced plumbing
More about this property
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