Property Details
About this Property
Presenting The Richmond! Newly built 19-units (2025) in the heart of Hillcrest, featuring studios, 1BRs, and 2BRs averaging 597 SF, most with balconies. A recent rent comps survey indicates current rents are 20% below market, presenting an investor with the opportunity to unlock hidden value and achieve higher returns with minimal capital investment. The property is also exempt from AB 1482 rent caps through at least 2040, providing flexibility to capture market rent growth. Units include in-unit W/D, premium cabinetry, quartz counters, stainless steel appliances, triple-pane windows, and dishwashers in all but three units. Central HVAC ensures year-round comfort. Community features: secured subterranean parking (6 standard + 1 ADA), roof-mounted 17.3 kW solar. Built with wood-frame over podium construction, the property enjoys unmatched proximity to Balboa Park, UCSD Medical Center, Scripps Mercy, Downtown, and the airport. With strong demographics, high renter demand, and limited supply, The Richmond is a ra
MLS Listing Information
MLS #
SD250038838
MLS Source
San Diego MLS
Days on Site
7
Interior Features
Cooling
Central Forced Air - Electric
Heating
Central Forced Air - Electric
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 19 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4015 Richmond St is a Residential Income in San Diego, CA 92103. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,950,000 and was built in –. This address can also be written as 4015 Richmond St, San Diego, CA 92103.
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This listing information is up-to-date as of September 13, 2025. For the most current information, please contact Ricardo Lopez, (619) 736-0201
