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3852-3856 First Ave

San Diego, CA 92103
  • $2,400,000
  • STATUS: ACTIVE
  • ON SITE: 14 Days
  • ID#: 250017459
Price Reduced
UPDATED: 36 min ago
$2,400,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

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 back alley parking 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. REACH OUT TO ALI BATIARI 858.695.4646

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San Diego MLS logo 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. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/159825937
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3852-3856 First Ave San Diego, CA 92103

  • Price: $2,400,000
  • Status: ACTIVE
  • On Site: 14 Days
  • Updated: 36 min ago
  • ID#: 250017459
5
Beds
6
Baths
0
½ Baths
0.14
Acres
Neighborhood:
Mission Hills (92103)
County:
San Diego
Area:
Mission Hills (92103)
Property Description
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 back alley parking 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. REACH OUT TO ALI BATIARI 858.695.4646
Exterior Features

Parking Spaces Total 5 Units With Garages 3

Interior Features

Sq Ft Of Improvement 2900 Unit Furnished1 Yes Unit Furnished2 Yes Unit Furnished3 Yes Unit Furnished4 Yes Unit Furnished5 Yes

Property Features

Actual Gross Scheduled Income 185943.0 Actual Operating Expense 50000 Assumable Finance 0 Buildings 2 Complex Features BBQ Gross Equity 2600000 Gross Multiplier 13.9 Have N/A Mandatory Remarks None Known Market Area Metro Uptown Monthly Rent Total 15495 Motive Want N/A Present Loan 0 Short Sale No Unit Number1 1 Unit Number2 2 Unit Number3 3 Unit Number4 4 Unit Number5 5 Unit Rent Total1 2800 Unit Rent Total2 4500 Unit Rent Total3 2400 Unit Rent Total4 2400 Unit Rent Total5 2000 Unit Rent1 2800 Unit Rent2 4500 Unit Rent3 2400 Unit Rent4 2400 Unit Rent5 2000

San Diego MLS logo Listing provided courtesy of Ali Payam Batiari of Pellego, Inc.: 858-695-4646. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo 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. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
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