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

San Diego
Local realty services provided by:CENTURY 21 Affiliated
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:44 day(s) ago
  • Updated:June 27, 2026 at 05:26 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
MLS LogoThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Nikki Coppa

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