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3939 7TH AVE SAN DIEGO, CA 92103
- Multi-family (5 or more units) / Resale (MLS)
Property Details for 3939 7TH AVE, SAN DIEGO, CA 92103
Features
- Lot Size: 0.1308 acres
- Total Units: 16
- Stories: 200
Facts
- Year Built: 01/01/1928
- Property ID: 793264184
- MLS Number: 230002134SD
- Parcel Number: 444-683-04-00
- Property Type: Multi-family (5 or more units)
- County: San Diego
- Legal Description: LOTS 46 & 47 TR 001915
- Zoning: CC-3-8
Description
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
This listing is NOT a foreclosure. 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.
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