CA > San Diego
San Diego, CA 92103,4030 Front St
San Diego, CA 92103,4030 Front St
San Diego, CA 92103,4030 Front St
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$4,495,000
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10,393 Sqft Lot
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4030 Front St San Diego, CA 92103

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Serri Rowell

Serri Rowell

+1(760) 579-2666

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250026658SD

HOA Y/N No

Lot Size 10,393 Sqft

Property Sub-Type Mixed Use

Property Description

Rare Hillcrest 14-unit multifamily investment with major rental upside. Located in one of San Diego's strongest rental submarkets, this value-add opportunity includes (8) 1Bed/1Bath, (4) 2Bed/1Bath, and (2) Studios. All tenants are on month-to-month leases, offering maximum flexibility for rent increases and renovations. Current rents are below market, and new ownership can significantly increase income through targeted improvements—some of which have already been completed by the current ownership. With a current cap rate of 3.41% and a proforma cap of 6.37%, this property is ideal for investors seeking cash flow growth and long-term upside in a blue-chip location.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Zoning RM-3-9

Interior

Fireplace No

Exterior

Total Parking Spaces 14

Others

Tax ID 4444913700

California Regional MLS (CRMLS)
Listed by Jason Lee • JLM Real Estate Inc

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agent

Serri Rowell

Owner & Team Lead | CA BRE#01484073

+1(760) 579-2666

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4030 Front St

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