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137 Pennsylvania AvenueSan Diego, CA 92103

For Sale

$2,150,000

Smart Buyer Rebate $21,500

4 Units located in the heart of Hillcrest offering a rare opportunity to own a well-maintained property in one of San Diego’s most walkable and sought-after neighborhood, boasting a Walk Score of 95 and immediate access to University Avenue, the Hillcrest Farmers Market, and a wide mix of cafés, restaurants, and many other nearby amenities. The property features four large 1bedroom/1bath units, each thoughtfully updated with new appliances, modern cabinets, in-unit washer/dryers, and beautiful hardwood floors with spacious layouts. The site offers an over 1:1 unit/parking ratio with five off-street parking spaces, (1) 2-car garage, and (3) single-car garages. With an unbeatable Hillcrest location, the property appeals to both investors seeking a stable, upgraded asset with upside and owner-occupiers looking to live in a premium unit while leveraging rental income from the remaining apartments.

Listed by Caleb Mancini

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License #02253641

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Apartment Realty Group (ARG)

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858-247-2487

Listed by James Carter

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License #01352336

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Apartment Realty Group (ARG)

Last updated March 19, 2026

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Source: CRMLS #260006490SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodHillcrest
  • Days on Prevu44

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

03/19/2026
Listed by Apartment Realty Group (ARG)
$2,150,000

Property Details for 137 Pennsylvania Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1920

Measurements

  • Lot Size Acres: 0.08
  • Lot Size Area: 3,665
  • Lot Size Square Feet: 3,665
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.04

Taxes

  • Parcel Number: 4522842100

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 137 Pennsylvania Avenue.

How does 137 Pennsylvania Avenue compare to other multi-family homes in Hillcrest?

This multi-family home is listed 6% above the average price for multi-family homes in Hillcrest and has been on the market for 15 less days than the typical home in this area.

137 Pennsylvania Avenue is a -bedroom multi-family home for sale in San Diego CA 92103. Listed on Prevu for 44 days at $2,150,000. This residence is located in Hillcrest. The median listing price for multi-family homes in this area is $899,000. Property amenities include parking. View other multi-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.