Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample 2 alley parking spots and 3 detached garages are coveted luxuries in urban living. With multi-family zoning and the potential for additional construction, this property is a prime investment opportunity, whether for future expansion or rental income. The fully fenced, private yard offers both security and seclusion, a rarity in such a central location. Conveniently located near grocery stores, restaurants, hospitals, and with easy access to major roadways and the beach, the lifestyle benefits are undeniable. This is a rare opportunity to acquire 5 units in one of San Diego's most desirable neighborhoods—perfect for those looking to invest in both the charm and future potential of Hillcrest living.
For sale
Price cut: $100K (4/15)
$2,300,000
3852-56 1st Ave, San Diego, CA 92103
5beds
2,900sqft
Est.:
Res Income 2-4 Units
Built in 1965
-- sqft lot
$2,248,800 Zestimate®
$793/sqft
$-- HOA
What's special
- 94 days
- on Zillow |
- 543 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 11:29am
Listed by:
Ali Payam Batiari 02014983 1,
Pellego, Inc.
Source: SDMLS,MLS#: 250017592

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Cooling
- Central Forced Air
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
- Laundry: Unit 1 Laundry Hookup, Unit 2 Common Laundry Hookup, Unit 3 Common Laundry Hookup, Unit 4 Common Laundry Hookup
Features
- Has fireplace: Yes
- Furnished: Yes
Interior area
- Total structure area: 2,900
- Total interior livable area: 2,900 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: # of Units w/Patios: 5
- Fencing: Full
Lot
- Size: 6,230 Square Feet
Details
- Parcel number: 4520431500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Res Income 2-4 Units
Materials
- Wood Siding
- Roof: Wood
Condition
- Year built: 1965
Community & HOA
Community
- Features: BBQ
- Subdivision: Hillcrest
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $793/sqft
- Date on market: 1/30/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,1031 Exchange,FHA
- Total actual rent: 13100
- Tenant pays: Cable TV, Electricity, Gas/Propane, Hot Water
- Loading
- Loading