Joe McLaughlin / Broker Associate
619-980-5101 joe@HomesofSanDiego.com
My Office Listings
- Status:
- Active
- Prop. Type:
- 2-4 Units
- MLS® Num:
- 250026184
- Year Built:
- 1915
- Photos (63)
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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.
- Lot Size:
- 4,000-7,499 SF
- Number of Buildings:
- 1
- Number of Units:
- 3
- Year Built:
- 1915
- Stories:
- 2 Story
- Total Stories:
- 2
- Market Area:
- Metro Uptown
- Community:
- HILLCREST
- County:
- San Diego
- Neighborhood Code:
- Hillcrest
- Name of Complex/Subdivision:
- N/A
- Mello Roos Fee:
- 0.0
- Monthly Total Fees:
- 0.0
- Other Fees:
- 0.0
- Tenant pays:
- Other/Remarks
- Other income:
- 0
- Annual expense actual:
- 0
- Cap Rate.:
- 0.0
- Gross Rent Multiplier:
- 0.0
- Gross scheduled income:
- 0
- Unit Number for Unit 1:
- 3700
- Finished Area for Unit 1:
- 1,223 sq. ft.
- Bedrooms for Unit 1:
- 2
- Number of bathrooms for Unit 1:
- 2
- Full Bathrooms for Unit 1:
- 2
- Half Bathrooms for Unit 1:
- 0
- Deposit for Unit 1:
- 0.0
- Total Rent for Unit 1:
- 0.0
- Parking for Unit 1:
- Assigned
- Unit 1 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 1:
- Yes
- Unit Number for Unit 2:
- 140
- Finished Area for Unit 2:
- 592 sq. ft.
- Bedrooms for Unit 2:
- 1
- Number of bathrooms for Unit 2:
- 1
- Full Bathrooms for Unit 2:
- 1
- Half Bathrooms for Unit 2:
- 0
- Deposit for Unit 2:
- 0.0
- Total Rent for Unit 2:
- 0.0
- Parking for Unit 2:
- Assigned
- Unit 2 Exclusive Use Yard:
- Yes
- Laundry Hook Ups for Unit 2:
- Yes
- Unit Number for Unit 3:
- 142
- Finished Area for Unit 3:
- 740 sq. ft.
- Bedrooms for Unit 3:
- 2
- Number of bathrooms for Unit 3:
- 2
- Full Bathrooms for Unit 3:
- 2
- Half Bathrooms for Unit 3:
- 0
- Deposit for Unit 3:
- 0.0
- Total Rent for Unit 3:
- 0.0
- Total Garage Spaces for Unit 3:
- 1
- Garage for Unit 3:
- Assigned
- Unit 3 Exclusive Use Yard:
- No
- Laundry Hook Ups for Unit 3:
- Yes
- Number of bathrooms for Unit 4:
- 0
- Pennsylvania Ave
- Site Influences:
- Corner Lot, Sidewalks
- Exterior Features:
- Wood
- View:
- City
- Directions:
- Exit I-163 South on University Ave/6th Ave, turn right on University Ave, left on Third Ave, Property will be on the right
- Cooling:
- Wall/Window
- Heating:
- Fireplace, Wall/Gravity
- Number of Units with Cooling:
- 3
- Number of Units with Dishwashers:
- 3
- Number of Units with Dryers:
- 3
- Number of Units with Fireplaces:
- 1
- Number of Furnished Units:
- 3
- Number of Units with Garages:
- 1
- Number of Units with Patios:
- 3
- Number of Units with Range/Oven:
- 3
- Number of Units with Refrigerators:
- 3
- Number of Units with Washers:
- 3
- Roof:
- Other/Remarks
- Sewer Septic:
- Sewer Connected
- Security:
- Other/Remarks
- Fencing:
- Partial
- Short Sale:
- No
- Listing Type:
- Exclusive Right (R)
- Age Restrictions:
- N/K
- Sales Restrictions:
- N/K
- Terms:
- Cash, Conventional, Other/Remarks
- Parcel Number:
- 452-063-09-00
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Data was last updated May 12, 2025 at 11:10 AM (UTC)
Area Statistics
- Listings on market:
- 72
- Avg list price:
- $1,493,500
- Min list price:
- $599,999
- Max list price:
- $3,750,000
- Avg days on market:
- 48
- Min days on market:
- 2
- Max days on market:
- 640
- Avg price per sq.ft.:
- $240.99
These statistics are generated based on the current listing's property type
and located in
Metro Uptown. Average values are
derived using median calculations.
- David Weis
- Compass
- 619-518-9246
- Contact by Email
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2025 San Diego Multiple Listing Service, Inc.
About Me
I make myself available at all times. My web site is here to help you 24 hours a day. When you are ready to see a listing in person, or just have a simple question, please dont hesitate to contact me!
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Direct: 619-980-5101
7863 Girard Ave #208/210, La Jolla, CA, 92037, US
This information is deemed reliable but not guaranteed.
You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional.
You may use this information only to identify properties you may be interested in investigating further.
All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited.
Redistribution or copying of this information, any photographs or video tours is strictly prohibited.
This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc.
Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.
The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
Compilation © 2025 San Diego Multiple Listing Service, Inc.