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4217 3rd AvenueSan Diego, CA 92103

For Sale

$2,500,000

Smart Buyer Rebate $25,000

Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diego’s rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living with rental income. Don’t miss this competitively priced investment—perfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

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 March 13, 2026

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Source: CRMLS #PTP2601938

Listing Facts

  • TypeMulti-family
  • NeighborhoodMedical Complex
  • Days on Prevu3

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

03/13/2026
Listed by South Bay Real Estate
$2,500,000

Property Details for 4217 3rd Avenue

Association

Amenities

  • Community Features: Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks

Exterior

Construction

  • Number Of Units Total: 5
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1971
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1

Measurements

  • Building Area Total: 3,900
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.11
  • Lot Size Area: 4,996
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,996
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.93
  • Operating Expense: $60,138.00

Taxes

  • Parcel Number: 4447201800

Interior

Features

  • Appliances: Dryer

Other

Location

  • Tax Block: Tr 577 Blk
  • Tax Lot: Lots 21

Utilities

Equipment

  • Laundry Features: In Kitchen
  • Sewer: Public Sewer

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 4217 3rd Avenue.

How does 4217 3rd Avenue compare to other multi-family homes in Medical Complex?

This multi-family home is listed 10% above the average price for multi-family homes in Medical Complex and has been on the market for 56 less days than the typical home in this area.

4217 3rd Avenue is a -bedroom multi-family home for sale in San Diego CA 92103. Available on Prevu for 3 days at $2,500,000. This property is located in Medical Complex. The median listing price for multi-family homes in this area is $799,000. Property amenities include parking and washer/dryer. Browse more 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.