First time on the market in 50+ years! Calling all visionary builders and ambitious developers. This Prime Four-Unit Property is ready for Transformation. Extremely rare opportunity to have a development Project in one of San Diego's most vibrant neighborhoods. 6994 Lot is level and zoned CC 3-8 which allows for a residential density of 1/600sqft. CC zone also permits for visitor accommodations (SRO's), office and retail uses. Located only a few blocks from UCSD Hospital and Scripps Mercy Hospital. This property is walkable to everything in the uptown neighborhood of Hillcrest. Just minutes north of San Diego’s world renown Balboa Park and bustling downtown. Hillcrest has a plethora of restaurants, coffee houses, bars, boutiques and a colorful mix of diverse restaurants, nightclubs, and acclaimed wine bars. The stretch is also home to furniture stores, distinctive boutiques, and the Uptown District shopping plaza. This property is perfectly poised for those who possess the foresight to harness its true potential.
Sold for $2,660,000
Tax assessed value
$2,660,000
3920-24 3rd Ave, San Diego, CA 92103
3beds
--sqft
Multi Family
Built in 1940
-- sqft lot
$2,575,200 Zestimate®
$--/sqft
$3,279 Estimated rent
Home value
$2,575,200
$2.34M - $2.86M
$3,279/mo
Zestimate® history
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$16,800/mo
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Zillow last checked:
Listing updated:
Listed by:
Brad Michels DRE #01338999 619-742-4170,
eXp Realty of California, Inc.
Bought with:
Brandon M Loftus, DRE #01891776
LOF Realty
Source: SDMLS,MLS#: 230017023
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Floor Furnace, N/K, Other/Remarks
Cooling
- N/K
Interior area
- Total structure area: 2,200
Property
Features
- Levels: 1 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Full
- Frontage type: N/K
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 4446611700
- Zoning: COMMERCIAL
- Zoning description: COMMERCIAL
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Water: Available
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: N/K
- Security: Other/Remarks
- Subdivision: Hillcrest (HC)
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $2,660,000
- Annual tax amount: $33,854
- Date on market: 8/31/2023
- Listing terms: Cash,Conventional
- Tenant pays: N/K
Price history
| Date | Event | Price |
|---|---|---|
| 10/19/2023 | Sold | $2,660,000-9.8% |
Source:  SDMLS #230017023 Report a problem | ||
| 10/16/2023 | Pending sale | $2,950,000 |
Source: SDMLS #230017023 Report a problem | ||
| 9/22/2023 | Listed for sale | $2,950,000 |
Source: SDMLS #230017023 Report a problem | ||
| 9/19/2023 | Pending sale | $2,950,000 |
Source: SDMLS #230017023 Report a problem | ||
| 8/31/2023 | Listed for sale | $2,950,000 |
Source: SDMLS #230017023 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,854 +3.5% | $2,660,000 |
| 2024 | $32,713 +2110.3% | $2,660,000 +2161.3% |
| 2023 | $1,480 +2.7% | $117,629 +2% |
| 2022 | $1,441 +0.7% | $115,324 +2% |
| 2021 | $1,431 +7.8% | $113,064 +1% |
| 2020 | $1,328 +4.9% | $111,906 +2% |
| 2019 | $1,265 +3.9% | $109,713 +2% |
| 2018 | $1,218 +2.6% | $107,563 +2% |
| 2017 | $1,187 +2% | $105,455 +2% |
| 2016 | $1,164 +1.6% | $103,388 +1.5% |
| 2015 | $1,146 +1.6% | $101,836 +2% |
| 2014 | $1,128 | $99,842 +0.5% |
| 2013 | -- | $99,391 +2% |
| 2012 | -- | $97,443 +2% |
| 2011 | -- | $95,534 +0.8% |
| 2010 | -- | $94,821 -0.2% |
| 2009 | -- | $95,048 +2% |
| 2008 | -- | $93,185 +2% |
| 2007 | -- | $91,359 +2% |
| 2006 | -- | $89,568 +2% |
| 2005 | -- | $87,812 +2% |
| 2004 | -- | $86,091 +1.9% |
| 2003 | -- | $84,514 +2% |
| 2002 | -- | $82,858 +2% |
| 2001 | -- | $81,235 |
Find assessor info on the county website
Neighborhood: Hillcrest
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Nearby schools
GreatSchools rating
- 7/10Florence Elementary SchoolGrades: K-5Distance: 0.1 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 1 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 2.1 mi
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Estimated market value
$2,575,200
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
$2,575,200
- California
- San Diego County
- San Diego
- 92103
- Hillcrest
- 3920-24 3rd Ave
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