Please to present 4209-15 3rd Avenue, a meticulously renovated four-unit multifamily property in the heart of San Diego’s electric Hillcrest neighborhood and adjacent to UCSD’s $3 billion medical campus redevelopment. Completed with a high-end, no-expense-spared renovation as of July 2026, the property consists of four spacious 2 Bedroom / 1 Bathroom units, each finished with designer-grade materials and entirely new building systems throughout. Two of the four units enjoy large private backyards, while the upper-level units feature large private balconies. Each unit is equipped with two dedicated parking spaces — eight spaces in total — a rare and valuable premium in this walkable, transit-friendly pocket of Uptown San Diego where off-street parking is scarce. With every major system replaced or upgraded — roof, HVAC, electrical, plumbing, windows, and security — 4209-15 3rd Avenue offers an investor a true turn-key opportunity in one of San Diego’s most in-demand rental submarkets, with a new construction feel and strong tenant appeal from day one.
For sale
$2,975,000
4209-15 3rd Ave, San Diego, CA 92103
8beds
--sqft
Multi Family
Built in 1970
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Large private balconiesLarge private backyardsDesigner-grade materialsMeticulously renovated
- 16 days
- 308
- 22
Zillow last checked:
Listing updated:
Listed by:
Nate Pepper DRE #01993739 858-248-1222,
CBRE
Source: SDMLS,MLS#: 260020576
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Forced Air
Interior area
- Total structure area: 3,000
Video & virtual tour
Property
Features
- Levels: 2 Story
- Fencing: Gate
Details
- Parcel number: 4447201900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Composition
Condition
- Year built: 1970
Community & HOA
Community
- Security: N/K
- Subdivision: Hillcrest (HC)
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,950,000
- Date on market: 8/21/2026
- Listing terms: Other/Remarks
- Tenant pays: N/K
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Listed for sale | $2,975,000+52.6% |
Source:  SDMLS #260020576 Report a problem | ||
| 12/5/2025 | Sold | $1,950,000-7.1% |
Source:  CRMLS #PTP2504029 Report a problem | ||
| 11/6/2025 | Pending sale | $2,100,000 |
Source: CRMLS #PTP2504029 Report a problem | ||
| 10/8/2025 | Listed for sale | $2,100,000 |
Source: CRMLS #PTP2504029 Report a problem | ||
| 10/7/2025 | Pending sale | $2,100,000 |
Source: CRMLS #PTP2504029 Report a problem | ||
| 6/1/2025 | Listed for sale | $2,100,000 |
Source: CRMLS #PTP2504029 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,950,000 +1225.5% |
| 2025 | $2,414 +32.8% | $147,113 +2% |
| 2024 | $1,819 +2.4% | $144,230 +2% |
| 2023 | $1,776 +2.8% | $141,403 +2% |
| 2022 | $1,729 +0.7% | $138,632 +2% |
| 2021 | $1,717 +1.2% | $135,914 +1% |
| 2020 | $1,697 +4.4% | $134,522 +2% |
| 2019 | $1,625 +4.1% | $131,885 +2% |
| 2018 | $1,560 +2.5% | $129,300 +2% |
| 2017 | $1,522 +1.9% | $126,766 +2% |
| 2016 | $1,495 +1.5% | $124,281 +1.5% |
| 2015 | $1,473 +1.4% | $122,415 +2% |
| 2014 | $1,452 | $120,018 +0.5% |
| 2013 | -- | $119,476 +2% |
| 2012 | -- | $117,134 +2% |
| 2011 | -- | $114,838 +0.8% |
| 2010 | -- | $113,980 -0.2% |
| 2009 | -- | $114,252 +2% |
| 2008 | -- | $112,012 +2% |
| 2007 | -- | $109,816 +2% |
| 2006 | -- | $107,664 +2% |
| 2005 | -- | $105,554 +2% |
| 2004 | -- | $103,485 +1.9% |
| 2003 | -- | $101,589 +2% |
| 2002 | -- | $99,598 +2% |
| 2001 | -- | $97,646 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hillcrest
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