12-Unit Multifamily
3947-59 Third Avenue San Diego, CA 92103
3947-59 Third Avenue, San Diego, CA, 92103
$3,870,000
For Sale
$3,870,000
12 one-bedroom, one-bath units in a 1950-built multifamily building.
Property Size6,484 SF
Lot Size0.24 Acres
Price / SF$596.85
Days on Market71
Property Features for 3947-59 Third Avenue
General Information
- Standard status
- Active
- Size
- 6,484 SF
- Lot size
- 0.24 Acres
- Property subtype
- Commercial-Res Income / Com-Res Income
Listing agency
Marcus & Millichap
(858) 775-9825
Listed by
Ben Sierpina · License #02062416
(858) 775-9825
Source
Compass
Added: May 12 Updated: Jul 20 at 9:06PM Checked: Jul 21 at 7:02AM
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
Investment Insights
Based on property information with market context.
3947–59 3rd Avenue is a 12-unit multifamily property originally constructed in 1950. The building comprises (12) one-bedroom and one-bathroom units arranged in an efficient, repeatable layout. Total building size is approximately 6,484 square feet on a 10,497 square foot lot.
The property is located in San Diego’s Hillcrest neighborhood, one parcel south of Washington St and along the 3rd Avenue corridor. The site is designated under Complete Communities Tier 2 with an 8.0 FAR.
Offered as a multifamily investment, the presentation highlights potential for interior renovations and consideration of higher-density development based on the property’s governing framework.
The property is located in San Diego’s Hillcrest neighborhood, one parcel south of Washington St and along the 3rd Avenue corridor. The site is designated under Complete Communities Tier 2 with an 8.0 FAR.
Offered as a multifamily investment, the presentation highlights potential for interior renovations and consideration of higher-density development based on the property’s governing framework.
Key Highlights
- 12‑unit multifamily property with (12) 1‑bedroom, 1‑bath units
- 6,484 sqft building in a 1950 construction, 2‑story layout
- 3 buildings on a 10,497 sqft lot
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FAQs
What type of property is this?
Apartment building - 12 one-bedroom, one-bath units in a 1950-built multifamily building.
Where is this apartment building located?
The property is located at 3947-59 Third Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $3,870,000.
What are key features of this property?
This property features: 12‑unit multifamily property with (12) 1‑bedroom, 1‑bath units; 6,484 sqft building in a 1950 construction, 2‑story layout; 3 buildings on a 10,497 sqft lot
