Rare multi-unit investment opportunity in an unbeatable location! True owner occupant opportunity. This property is ideal for owner-occupancy and an excellent investment for someone looking to live in a central neighborhood in San Diego. For the first time in generations, this exceptional 4-unit property is available--a truly rare find in one of San Diego's most sought-after locations. This property offers the perfect blend of charm, convenience, and income potential. All units are 2-bedroom, 1-bath. A perfect opportunity for an owner-occupant looking to have his/her cake and eat it too. This beautiful 2-bedroom 1 bath 4-unit property offers great financing flexibility and investment potential for the season investors looking for replacement property under a 1031 exchange or owner-occupied buyer to live in one and rent the other 3 units. Tenants enjoy close proximity and being steps away from world class restaurants and entertainment. This property is one of 2 properties in a portfolio being offered for sale. Each property can be purchased on an individual basis. Don’t miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego’s most desirable residential submarkets!
Listed by ED Bustamante
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License #00845295
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South Bay Real Estate
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ed@southbayre.net
Last updated July 07, 2025
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Source: bridgeMLS #CRPTP2504029
Listing Facts
TypeMulti-family
NeighborhoodMedical Complex
Bedrooms8
Days on Prevu97
Size2,900 sqft
Price per sqft$724
Amenities
Washer/Dryer
Location
Mortgage Calculator
Listing History
06/01/2025
Listed by South Bay Real Estate
$2,100,000
Property Details for 4209 3rd Avenue
Exterior
Construction
Number Of Units Total: 4
Year Built: 1971
Measurements
Building Area Total: 2,900
Lot Features: Level, Other
Lot Size Acres: 0.11
Lot Size Area: 0
Lot Size Square Feet: 5,000
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 4447201900
Interior
Measurements
Living Area: 2,900
Living Area Units: Square Feet
Rooms
Bedrooms Total: 8
Utilities
Equipment
Laundry Features: Common Area, Dryer, Gas Dryer Hookup, Other
Based on information from bridgeMLS 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.
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.