Property Details
About this Property
Rare Hillcrest 14-unit multifamily investment with major rental upside. Located in one of San Diego’s strongest rental submarkets, this value-add opportunity includes (8) 1Bed/1Bath, (4) 2Bed/1Bath, and (2) Studios. All tenants are on month-to-month leases, offering maximum flexibility for rent increases and renovations. Current rents are below market, and new ownership can significantly increase income through targeted improvements—some of which have already been completed by the current ownership. With a current cap rate of 3.41% and a proforma cap of 6.37%, this property is ideal for investors seeking cash flow growth and long-term upside in a blue-chip location.
MLS Listing Information
MLS #
SD250026658
MLS Source
San Diego MLS
Days on Site
8
Parking, School, and Other Information
Zoning
RM-3-9
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 14 | 14 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $3,700 | – |
| 2 | – | – | 0/0 | – | $1,750 | – |
| 3 | – | – | 0/0 | – | $1,795 | – |
| 4 | – | – | 0/0 | – | $1,500 | – |
| 5 | – | – | 0/0 | – | $1,600 | – |
| 6 | – | – | 0/0 | $1,600 | $1,600 | – |
| 7 | – | – | 0/0 | $1,850 | $1,850 | – |
| 8 | – | – | 0/0 | $1,950 | $1,950 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4030 Front St is a Residential Income in San Diego, CA 92103. This – square foot property sits on a 10,394 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,495,000 and was built in –. This address can also be written as 4030 Front St, San Diego, CA 92103.
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This listing information is up-to-date as of May 07, 2025. For the most current information, please contact Jason Lee, (858) 343-4655
