This 12-unit apartment offering presents a rare opportunity in the heart of Hillcrest with its unique two-parcel configuration totaling 13,715 square feet. One parcel is improved with 16 dedicated on-site parking spaces, an exceptional feature in this high-demand urban neighborhood, while the second parcel includes three separate four-plex buildings with… Read More classic frame and stucco construction. All twelve units are thoughtfully laid out as two-bedroom, one-bath apartments, with eight units at 748 square feet and four units at 682 square feet. This balanced unit mix, coupled with their generous sizes, positions the property as an attractive option for long-term renters seeking space, comfort, and walkable access to Hillcrest’s vibrant lifestyle. This asset is ideally suited for an investor looking to capitalize on immediate stability while unlocking future upside through renovation, repositioning, or even long-term redevelopment. The combination of rare on-site parking, efficient two-bedroom layouts, and the two-parcel configuration makes this offering a standout opportunity in San Diego’s multifamily market. Read Less
Courtesy of Acre Investment Real Estate, 619-255-3222, Bill Anderson.
Listing Snapshot
Days Online
4
Last Updated
Property Type
Com-Res Income
Square Ft.
8,712
MLS Number
250040763
Additional Details
Building
Built in 0, Building area total: 8712, 3 number of buildings, 2 stories, Living area: 8712, Living area units: Sqft, Building area units: Sqft, 12 total units
Expenses
Operating expense: $112,295
Income
Gross scheduled income: $316,500
Lot
Size units: Acres
Parking
Total: 16, "Spaces"
Property
Property subtype: Com-Res Income, Property type: Residential Income
Find The Perfect Home
'VIP' Home Finder
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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 MLS®. 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.
Based on information from the San Diego MLS /Association of REALTORS®
as of . All data, including all measurements and calculations of area, is
obtained from various sources and has not been, and will not be, verified by broker or MLS.
All information should be independently reviewed and verified for accuracy. Properties
may or may not be listed by the office/agent presenting the information.
Source: San Diego MLS
Confirm your time
Fill in your details and we will contact you to confirm a time.