Val De Flores 3513-3533 1st Ave 19 Unit Apartment Building For Sale San Diego, CA 92103

South Coast Commercial is pleased to present Val De Flores, a 19-unit multifamily asset representing a premier, stabilized investment opportunity in the heart of Hillcrest, one of San Diego’s most supply-constrained and high-demand rental submarkets. The property features eight 2-bedroom/1-bathroom units, three 1-bedroom/1-bathroom units, and eight ADUs, delivering a turnkey asset with zero deferred maintenance. Its location offers tenants an unparalleled urban lifestyle, situated just steps from the world-class museums, trails, and cultural landmarks of Balboa Park. The asset is defined by its comprehensive modernization, with all major systems—including electrical, plumbing, and HVAC—fully upgraded to meet contemporary standards. These improvements, paired with high-end interior finishes, significantly reduce future capital expenditure requirements while attracting a premium tenant profile. For the sophisticated investor, this property
offers the rare combination of immediate, stabilized cash flow and long-term appreciation in a “Walker’s Paradise” location that consistently outperforms the broader market.