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.
For sale
$2,400,000
3700 3rd Ave, San Diego, CA 92103
5beds
5baths
--sqft
Est.:
Multi Family
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Wide-plank oak floorsDesigner tileQuartz countertopsHigh-end finishesSpa-style bathrooms
- 68 days
- on Zillow |
- 587 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 11:20pm
Listed by:
David L Weis III DRE #02196688 619-518-9246,
Compass
Source: SDMLS,MLS#: 250026184
Originating MLS: San Diego Association of REALTOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Fireplace, Wall/Gravity
Cooling
- Wall/Window
Interior area
- Total structure area: 2,555
Video & virtual tour
Property
Features
- Levels: 2 Story
- Fencing: Partial
- Has view: Yes
- View description: City
Details
- Parcel number: 4520630900
- Special conditions: N/K
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 & HOA
Community
- Security: Other/Remarks
- Subdivision: HILLCREST
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,224,000
- Annual tax amount: $15,067
- Date on market: 5/1/2025
- Listing terms: Cash,Conventional,Other/Remarks
- Tenant pays: Other/Remarks
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