Active
3939 7th Avenue
San Diego CA, 92103
$5,850,000
Active
Commercial
Listed by Benn Vogelsang with NorthMarq Multifamily 858-675-7865
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.
230002134SD
MLSⓇ ID
January 31, 2023
Listed
March 28, 2024
Updated
Map
3939 7th Avenue
San Diego CA, 92103
Interior Features
Fireplace
No
Cooling
Yes
Heating
No
Exterior/Building Features
Lot Size
0.13 Acres
Other Property Details
Area Name
92103 - Mission Hills
Days on Market
385
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
1.75%
Listing History
Date | Event | Price |
|---|---|---|
5/3/2023 | Price Change | $5,850,000 -3% |
Listing Contact: 858-675-7865
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/28/2024 at 3:14 PM UTC