CnC Realty
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$2,500,000

4217 21 3rd Avenue

San Diego, CA 92103

Active

1972

Year Built

San Diego

County

ResidentialIncome

Property Type

About this home

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.

Listed by ED Bustamante · DRE #00845295 · South Bay Real Estate
MLS #1193231335
ListedOct 16, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units5
RoofN/A
Garage Spaces0
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryWasher Hookup, Inside, See Remarks
Parking FeaturesN/A
Parking Total4
Patio & PorchN/A
Entry Level1
Entry Location1
Common WallsTwo Common Walls Or More

Property Features

Lot Size0.11 ac
Lot FeaturesZero To One Unit Acre
ViewN/A
DirectionsFrom Washington St. make a right on 4th Ave. Make a left on Arbor Drive and a right on 3rd Ave.

Community

Area92103 - Mission Hills
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Exchange1031, Submit
Land LeaseYes
HOA NameN/A
HOA FeeN/A

Request a Tour

Mortgage Estimate

$13,306/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 3:15 PM

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