4217-21 3rd Ave, Mission Hills, CA 92103

$2,500,000
5
BD
4
BA

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List Price
$2,500,000
Days on Market
0
Status
ACTIVE
MLS#
PTP2607788
Bedrooms
5
Bathrooms
4
Lot Size(apprx.)
4,996
City
Mission Hills
Neighborhood
Hillcrest
Property Type
Multifamily

Property Description

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 421721 3rd Avenue, this five-unit multifamily property is situated in San Diegos 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. 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 421721 3rd Avenue, this five-unit multifamily property is situated in San Diegos 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.

Additional Information

Lot Size
4,996
Neighborhood
Hillcrest

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: ED Bustamante (619-778-4579) from Listing Office: South Bay Real Estate.

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