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Sold for $1,950,000 on 12/05/25
  • Listing Provided by: 

    ED Bustamante DRE #00845295 ed@southbayre.net,

    South Bay Real Estate

    Bought with: Brandon S Schuller, Broker
    $1,950,000

    4209-15 3rd Ave, San Diego, CA 92103

    8beds
    4baths
    2,900sqft
    Quadruplex
    Built in 1971
    -- sqft lot
    $1,949,200 Zestimate®
    $672/sqft
    $3,313 Estimated rent

    Home value

    $1,949,200

    $1.81M - $2.11M

    $3,313/mo

    Zestimate® history
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    Owner options

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    $3,313/mo

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    $3,313/mo

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    $12,305/mo

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    $12,305/mo

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    What's special

    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!

    Zillow last checked: 8 hours ago

    Listing updated: December 06, 2025 at 05:50pm

    Listing Provided by:

    ED Bustamante DRE #00845295 ed@southbayre.net,

    South Bay Real Estate

    Bought with:

    Brandon Schuller, DRE #01939128

    Brandon S Schuller, Broker

    Source: CRMLS,MLS#: PTP2504029MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Appliances
    • Included: Dryer
    • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,900
    • Total interior livable area: 2,900 sqft

    Property

    Parking
    • Total spaces: 4
    • Uncovered spaces: 4
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 5,000 sqft
    • Features: Level, Street Level
    Details
    • Parcel number: 4447201900
    • Zoning: RM3-9
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Street Lights, Suburban, Sidewalks
    Location
    • Region: San Diego

    HOA & financial

    Other financial information
    • Total actual rent: 8750

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange,FHA,Freddie Mac,VA Loan

    Price history

    DateEventPrice
    12/5/2025Sold$1,950,000-7.1%$672/sqft
    Source: CRMLS #PTP2504029
    11/6/2025Pending sale$2,100,000$724/sqft
    Source: CRMLS #PTP2504029
    10/8/2025Listed for sale$2,100,000$724/sqft
    Source: CRMLS #PTP2504029
    10/7/2025Pending sale$2,100,000$724/sqft
    Source: CRMLS #PTP2504029
    6/1/2025Listed for sale$2,100,000$724/sqft
    Source: CRMLS #PTP2504029

    Public tax history

    YearProperty taxesTax assessment
    2025$2,414 +32.8%$147,113 +2%
    2024$1,819 +2.4%$144,230 +2%
    2023$1,776 +2.8%$141,403 +2%

    Find assessor info on the county website

    Neighborhood: Hillcrest

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $1,949,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $1,949,200