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4015 Richmond, San Diego, CA 92103

San Diego
Local realty services provided by:CENTURY 21 Affiliated
4015 Richmond,San Diego, CA 92103
$7,950,000
Virtual Tour
  • 21 Beds
  • 19 Baths
  • 11,343 sq. ft.
  • Multi-family
  • Active
Listed by: ricardo d lopez ii
Office: aci apartments
MLS#:260021771
Source:San Diego MLS via CRMLS

Price summary

  • Price:$7,950,000
  • Price per sq. ft.:$700.87

About this home

The Richmond is a newly constructed 19 unit luxury multifamily property in the heart of Hillcrest, one of San Diego’s most desirable and supply constrained rental markets. Completed in 2025, the property features studio, one bedroom and two bedroom residences with modern finishes, in unit laundry, central heating and air conditioning, triple pane windows and private balconies in most units. Offered at $7,950,000, or approximately $418,000 per unit, The Richmond is priced well below nearby development cost benchmarks while generating approximately $545,000 in annual scheduled income and $372,000 in NOI. The property also offers approximately 11% potential rent upside and benefits from exemption from AB 1482 rent caps through at least 2040, providing significant flexibility for future rent growth. The property is steps from shopping, dining and major employment centers, including the expanding UC San Diego Health Hillcrest campus and Scripps Mercy Hospital. Hillcrest is also benefiting...

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Home facts

  • Listing ID #:260021771
  • Added:51 day(s) ago
  • Updated:October 26, 2026 at 02:22 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:19
  • Full bathrooms:19
  • Living area:11,343 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air Elec
  • Heating:Central Forced Air Elec

Structure and exterior

  • Building area:11,343 sq. ft.
  • Levels:4 Story

Finances and disclosures

  • Price:$7,950,000
  • Price per sq. ft.:$700.87
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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