We are pleased to present 3850–3892 Eagle Street, a rare multifamily opportunity located in the highly desirable Hillcrest neighborhood of San Diego, CA. The property consists of two separate residential buildings constructed in 1902 and 1935, offering investors the opportunity to acquire a character-rich asset in one of San Diego’s… Read More most supply-constrained and consistently high-demand rental submarkets. Situated on an oversized 0.34-acre lot, the community is comprised of three (3) one-bedroom/one-bathroom units averaging approximately 600 square feet, one (1) one-bedroom/one-bathroom plus den unit at 800 square feet, and one (1) three-bedroom/one-bathroom residence at 1,100 square feet. The diverse unit mix appeals to a broad tenant base and provides additional upside through continued rent growth and potential unit repositioning over time. Located in the heart of Hillcrest, residents benefit from immediate access to one of San Diego’s most vibrant urban neighborhoods, known for its strong demographic profile, walkability, and sustained rental demand. The property is within close proximity to a wide array of retail, dining, and entertainment options along University Avenue, while also providing convenient access to major employment hubs including Downtown San Diego, Mission Valley, and the UC San Diego Health campus. Additionally, the neighborhood’s central location and connectivity to major transportation corridors, including Interstate 5, State Route 163, and State Route 94, position it as a highly desirable rental market for both professionals. Read Less
Courtesy of Marcus & Millichap, 818-212-2250, Austin Huffman.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Com-Res Income
Beds
7
Full Baths
5
Square Ft.
14,810
MLS Number
260020613
Additional Details
Building
Built in 0, Building area total: 14810, 2 number of buildings, 2 stories, Living area: 14810, Living area units: Sqft, Building area units: Sqft, 5 total units
Community
None
Expenses
Operating expense: $64,545
Income
Gross scheduled income: $116,952
Lot
Size units: Acres
Property
Property subtype: Com-Res Income, Property type: Residential Income
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Based on information from the San Diego MLS /Association of REALTORS®
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Source: San Diego MLS
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