3947-59 3rd Avenue, San Diego, CA 92103

San Diego
Local realty services provided by:ERA North Orange County Real Estate
3947-59 3rd Avenue,San Diego, CA 92103
$3,870,000
Virtual Tour
  • 12 Beds
  • 12 Baths
  • 6,484 sq. ft.
  • Multi-family
  • Active
Listed by: ben sierpina, raymond choi
Office: marcus & millichap
MLS#:260011651
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,870,000
  • Price per sq. ft.:$596.85

About this home

3947–59 3rd Avenue is a 12-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego, California.? Originally constructed in 1950, the property offers classic architectural character in one of the city's most walkable and supply-constrained rental submarkets.? The 6,484 sqft property consists of (12) one-bedroom / one-bathroom units, catering to a broad tenant base and providing a straightforward, efficient layout attractive to renters.? On a 10,497 sqft lot, it is located in Complete Communities Tier 2 with an 8.0 FAR.? Situated one parcel south of Washington St and along the prominent 3rd Avenue corridor, the asset benefits from immediate proximity to Hillcrest's vibrant retail, dining, and entertainment amenities, while offering convenient access to Downtown San Diego and major employment centers.? 3947–59 3rd Avenue presents investors with the opportunity to capitalize on strong in-place rental demand with additional upside...

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Home facts

  • Listing ID #:260011651
  • Added:47 day(s) ago
  • Updated:June 30, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:12
  • Full bathrooms:12
  • Living area:6,484 sq. ft.

Structure and exterior

  • Building area:6,484 sq. ft.

Finances and disclosures

  • Price:$3,870,000
  • Price per sq. ft.:$596.85

Parking

  • Total parking spaces:4
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