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.
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
Multi Family
Built in 1972
-- sqft lot
$2,349,400 Zestimate®
$641/sqft
$-- HOA
What's special
- 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#: PTP2607788
Originating 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
Video & virtual tour
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
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Listed for sale | $2,500,000+4.2%$641/sqft |
Source: | ||
| 3/12/2026 | Listing removed | $2,400,000$615/sqft |
Source: | ||
| 6/23/2025 | Listed for sale | $2,400,000$615/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






