3939 7Th Avenue, San Diego, CA 92103
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Listed Price :
$5,495,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
3939 7Th Avenue |
| City |
San Diego |
| State |
CA |
| Zip |
92103 |
| County |
San Diego |
| Listing Agent |
Benn Vogelsang DRE #01883437 |
| Courtesy Of |
NorthMarq Multifamily |
| List Price |
$5,495,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
5,697 |
Listing information courtesy of: Benn Vogelsang, NorthMarq Multifamily. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 10th, 2024 at 12:48 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
