San Diego, CA 92103 4217 21 3rd Avenue

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Presented By: ED Bustamante with South Bay Real Estate; ed@southbayre.net
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PTP2504033
  • 06/01/2025
  • Request Tour
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 6
  • Baths • 5
  • SQFT • 3,900

Home Details

Location, location, location, these phenomenal units in hillcrest must not be missed! Having a separate detached free standing 2-bedroom unit is a fantastic feature, providing flexibility for extended family, guests, or rental income. The multi-family zoning and potential for additional construction make this property even more attractive for investment or future expansion. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living while also having rental income. This property is one of 2 properties in a portfolio being offered for sale. Each property can be purchased on an individual basis. Don’t miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego's most desirable residential submarkets.
Presented By: ED Bustamante with South Bay Real Estate; ed@southbayre.net

Interior Features for 4217 21 3rd Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea, LaundryRoom, Outside
Total Stories2

Other Rooms

Entry Level1

General for 4217 21 3rd Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate1.75
Carport Y/NNo
CitySan Diego
Community FeaturesGutters, Suburban, Sidewalks
ContingencyNone Known
CountySan Diego
DirectionsFrom Washington St. make a right on 4th Ave. Make a left on Arbor Drive and a right on 3rd Ave.
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income9502.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense75.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031, FannieMae, OwnerMayCarry, Submit
Lot Size Square Feet10000.0
Lot Size UnitsSquareFeet
MLS Area92103 - Mission Hills
MobileHomeRemainsYNNo
Net Operating Income4195.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Operating Expense5306.0
Pool FeaturesNone
Property Attached Y/NYes
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot4447201800
Taxes$2,395
Total Actual Rent9502.0
Trash Expense0.0
Virtual TourClick here
Virtual TourClick here
Water Sewer Expense120.0
Year Built1971
Year Built SourceEstimated
ZoningRM 3-9

Exterior for 4217 21 3rd Avenue

Building Area Total3900.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, StreetLevel, Yard
Lot Size Acres0.2296
Lot Size Area10000.0
Lot Size SourceAppraiser
Number of Buildings2
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,400,000
MLS#PTP2504033
List Date 06/01/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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