Unlock exceptional earning potential with this extensively renovated multi-unit asset in the heart of Hillcrest, one of San Diego’s most walkable and high-demand rental market. This standout property features three beautifully updated units including a brand-new, fully permitted ADU with its own single-car garage and private parking. Each unit has been thoughtfully redesigned with high-end finishes including luxury vinyl plank floors, quartz countertops, designer tile, and spa-style bathrooms. All major systems are upgraded (HVAC, electrical, plumbing, roof), making it completely turnkey. With a strong short-term rental history and incredible income potential, this is the perfect opportunity to live in one unit and rent the rest, or operate a top-performing Airbnb portfolio. Just steps from Whole Foods, Balboa Park, cafés, restaurants, and nightlife—this is luxury, location, and cash flow all in one.
Sold for $2,275,000
$2,275,000
3700 3rd Ave, San Diego, CA 92103
5beds
--sqft
Multi Family
Built in 1915
-- sqft lot
$1,903,100 Zestimate®
$--/sqft
$3,327 Estimated rent
Home value
$1,903,100
$1.73M - $2.09M
$3,327/mo
Zestimate® history
Owner options
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$3,327/mo
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$3,327/mo
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$14,481/mo
Est. payment
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$14,481/mo
Est. payment
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Designer tileQuartz countertopsHigh-end finishesLuxury vinyl plank floorsSpa-style bathrooms
Zillow last checked:
Listing updated:
Listed by:
David Weis DRE #02196688 619-518-9246,
Compass,
OUT OF AREA DRE #09999915,
OUT OF AREA - NON MEMBER
Bought with:
Joshua Higgins, DRE #01459409
Compass
Source: SDMLS,MLS#: 250026184
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Fireplace, Wall/Gravity
Cooling
- Wall/Window
Interior area
- Total structure area: 2,555
Property
Features
- Levels: 2 Story
- Fencing: Partial
- Has view: Yes
- View description: City
Details
- Parcel number: 4520630900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
- Roof: Other/Remarks
Condition
- Year built: 1915
Utilities & green energy
- Utilities for property: Sewer Connected
Community & neighborhood
Security
- Security features: Other/Remarks
Location
- Region: San Diego
- Subdivision: HILLCREST
Other
Other facts
- Listing terms: Cash,Conventional,Other/Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2025 | Sold | $2,275,000-5.2% |
Source:  SDMLS #250026184 Report a problem | ||
| 9/17/2025 | Pending sale | $2,400,000 |
Source: SDMLS #250026184 Report a problem | ||
| 5/1/2025 | Listed for sale | $2,400,000+100% |
Source: SDMLS #250026184 Report a problem | ||
| 10/11/2022 | Sold | $1,200,000-7.7% |
Source: Public Record Report a problem | ||
| 9/12/2022 | Pending sale | $1,300,000 |
Source:  CRMLS #NDP2209177 Report a problem | ||
| 9/3/2022 | Listed for sale | $1,300,000 |
Source: CRMLS #NDP2209177 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,181 +7.4% | $1,248,480 +2% |
| 2024 | $15,067 +2.3% | $1,224,000 +2% |
| 2023 | $14,735 +111.2% | $1,200,000 +107.6% |
| 2022 | $6,978 +0.7% | $577,935 +2% |
| 2021 | $6,929 +1.2% | $566,603 +1% |
| 2020 | $6,844 +2.3% | $560,794 +2% |
| 2019 | $6,687 +6.4% | $549,799 +2% |
| 2018 | $6,282 +2.5% | $539,020 +2% |
| 2017 | $6,131 +1.7% | $528,452 +2% |
| 2016 | $6,032 +1.5% | $518,091 +1.5% |
| 2015 | $5,942 +1.6% | $510,309 +2% |
| 2014 | $5,847 | $500,314 +0.5% |
| 2013 | -- | $498,054 +2% |
| 2012 | -- | $488,289 +2% |
| 2011 | -- | $478,716 +0.8% |
| 2010 | -- | $475,140 -0.2% |
| 2009 | -- | $476,269 +2% |
| 2008 | -- | $466,931 +2% |
| 2007 | -- | $457,776 |
Find assessor info on the county website
Neighborhood: Hillcrest
Nearby schools
GreatSchools rating
- 7/10Florence Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$1,903,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,903,100
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