Hillcrest Townhomes

3664 4th Avenue | San Diego | CA | 92103


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Confidentiality Agreement

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Property Details

  • Price: $ 2,725,000
  • Price Per Unit: $ 681,250.00
  • Units: 4
  • Transaction Type: For Sale
  • Property Type: Multi-Family
  • Building Size: 5,205 SF
  • Lot Size: .15 AC
  • Year Built: 1998
  • Availability: Sold

Property Description

3664 4th Avenue is a well-positioned four-unit multi-family property in the highly sought-after Hillcrest neighborhood of San Diego. This exceptional asset consists of two distinct structures:

• A charming 1933-built single-family home (approx. 1,600 sq. ft.) currently leased as both a residence and office.
• A modern three-story building, constructed in 1998, comprising three spacious two-story townhomes ranging from 1,100 to 1,300 sq. ft.

Each unit has been thoughtfully upgraded to enhance tenant appeal and maximize rental income potential.  Modern kitchens and bathrooms, in-unit washers and dryers, and elegant wood flooring provide a premium living experience. Additionally, tankless water heaters improve energy efficiency and convenience.

The property offers exceptional parking solutions, featuring a secure 10-car gated garage, plus two additional on-site parking spaces. Outdoor space is a highlight, with six private patios and balconies across the units. The SFR has had all of its electrical and plumbing redone, along with a newer roof.

Ideally located in the heart of Hillcrest, residents enjoy easy access to top-rated dining, shopping, and entertainment, as well as close proximity to major employment hubs. This is an outstanding opportunity for investors seeking a high-demand rental property in one of San Diego’s premier urban markets.

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Financial Summary

Investment Highlights

Price $2,725,000.00
Price / Unit $681,250.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $2,725,000.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00