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For sale
  • Listed by: South Bay Real Estate • ED Bustamante • Contact: ed@southbayre.net
    $2,500,000

    4217-21 3rd Ave, San Diego, CA 92103

    6beds
    5baths
    3,900sqft
    : 
    $16,160/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $2,349,400 Zestimate®
    $641/sqft
    $-- HOA

    What's special

    Easy to show and ready to sell. Four units are currently vacant and have been freshly renovated, offering immediate lease-up potential. An ideal opportunity for investors seeking a property suitable for a 1031 tax-deferred exchange. These newly renovated units in Hillcrest are not to be missed. Located at 4217–21 3rd Avenue, this five-unit multifamily property is situated in San Diego’s rapidly evolving Hillcrest neighborhood and spans more than 3,900 square feet. Each unit features recent upgrades and in-unit laundry facilities, providing added convenience for residents. The property consists of two buildings: a two-story fourplex and a detached, single-level two-bedroom, one-bath home. This competitively priced investment presents a rare opportunity for an owner-occupant or investor to capitalize on long-term growth in a high-demand rental market. Its proximity to grocery stores, restaurants, hospitals, major roadways, and the beach further enhances its appeal. Enjoy the best of Hillcrest living while generating rental income, with excellent potential for repositioning and long-term appreciation.
    10 days
    62
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    ED Bustamante DRE #00845295 ed@southbayre.net,

    South Bay Real Estate

    Source: CRMLS,MLS#: PTP2607788MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      Appliances
      • Laundry: Washer Hookup, Inside, See Remarks
      Features
      • Has fireplace: No
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 3,900
      • Total interior livable area: 3,900 sqft

      Property

      Parking
      • Total spaces: 4
      • Uncovered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 4,996 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 4447201800
      • On leased land: Yes
      • Zoning: R-4 Multiple Residential
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Storm Drain(s), Street Lights, Suburban, Sidewalks
      Location
      • Region: San Diego

      Financial & listing details

      • Price per square foot: $641/sqft
      • Date on market: 10/16/2026
      • Cumulative days on market: 10 days
      • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Submit
      • Total actual rent: 2700

        Estimated market value

        $2,349,400

        $2.23M - $2.47M

        $3,269/mo

        Price history

        DateEventPrice
        10/16/2026Listed for sale$2,500,000+4.2%$641/sqft
        Source: CRMLS #PTP2607788 Report a problem
        3/12/2026Listing removed$2,400,000$615/sqft
        Source: SDMLS #PTP2504033 Report a problem
        6/23/2025Listed for sale$2,400,000$615/sqft
        Source: SDMLS #PTP2504033 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Hillcrest

        Getting around

        78 / 100
        Very Walkable
        51 / 100
        Good Transit

        Nearby schools

        GreatSchools rating

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