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Kevin Silverstein

[email protected] +1(619) 203-7041

$5,325,000

Est. payment - /mo

15 Beds

14 Baths

8,221 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260026833

Bedrooms 15

Full Baths 14

Lot Size 8,221 Sqft

Property Sub-Type Com-Res Income

Property Description

We are pleased to exclusively present 3621 Park Boulevard, a 14-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego, adjacent to University Heights and Balboa Park. Originally constructed in 1936 as an 11-unit property, it has since been expanded with three (3) newly completed accessory dwelling units (ADUs) and benefits from recent upgrades to its major building systems. Situated on an approximately 8,221 square-foot lot with approximately 8,107 rentable square feet, the property offers investors a character-rich vintage asset with the modern amenities urban renters expect. The property features a flexible unit mix of three (3) studio / one-bath units, seven (7) one-bedroom / one-bath units and four (4) two-bedroom / one-bath units, catering to a wide range of urban renters. Ownership has completed a comprehensive capital improvement program, including upgraded plumbing, upgraded electrical with individual unit subpanels, and fire safety systems. Every unit includes an in-unit washer and dryer, and select units feature mini-split AC and new electric water heaters. The combination of 1930s architectural character and updated interiors leaves a new owner with limited near-term capital requirements. Sold separately or together as a portfolio with: 2120 Mission Avenue | 27 Units 3513-33 First Avenue | 19 Units

Location

State CA

County San Diego

Area Metro Uptown

Interior

Cooling Wall/Window

Flooring Vinyl

Fireplace No

Exterior

Parking Features Spaces

View Y/N No

Building

Dwelling Type Apartment

Story 2

Others

Senior Community No

Tax ID 452-361-04-00

Special Listing Condition Call Agent

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Listed by Conor M Brennan, DRE#01918598 Conor Brennan, Broker

Nearby School & Business

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Kevin Silverstein

+1(619) 203-7041

Realtor CA BRE #02098925

San Diego Communities

3621 Park Blvd San Diego, CA 92103

Kevin Silverstein

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information