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Investment Highlights

  • Prime Hillcrest Location | One Block from Historic Balboa Park
  • Exceptional Walkability; Property Boasts a Walk Score of 90 (“Walker’s Paradise”)
  • Rare Unit Mix: Six 2-Bedroom / 1-Bath Units & Four 1-Bedroom / 1-Bath Units
  • Full Deck & SB721 Upgrades Performed And Several Recent Capital Expenditures

Executive Summary

3571 6th Avenuenue, situated in one of San Diego’s most sought-after Hillcrest rental markets, is a 10-unit multifamily offering that presents a rare opportunity to acquire a well-located asset with significant upside. The property features an attractive unit mix of six spacious 2-bedroom residences and four 1-bedroom units, a combination that appeals to a broad tenant base while driving long-term occupancy. Complemented by four off-street parking spaces and a desirable walkable Hillcrest location near restaurants, shopping, employment centers, and Balboa Park, the property offers the fundamentals investors seek in a premier urban investment.
With current rents substantially below market, the asset provides an exceptional value-add opportunity for investors focused on income growth and long-term appreciation. A strategic renovation program and thoughtful lease turnover can unlock meaningful rental upside, positioning the property for strong cash flow expansion while benefiting from Hillcrest’s historically resilient demand, limited housing supply, and enduring desirability. This is an opportunity to acquire a high-quality infill asset with immediate operational upside and compelling long-term wealth creation potential.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 7,760 SF
Average Occupancy 100%
No. Stories 2
Year Built 1952
Parking Ratio 0.52/1,000 SF
Zoning RM-3-9 - Residential Multifamily

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Kitchen

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 $1,621 590
2+1 6 $2,190 900
Exceptionally walkable
90/100
Exceptionally drivable
100/100
Good public transit
60/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
452-430-11
Land Assessment
$2,574,990 (2026)
Improvements Assessment
$962,370 (2026)
Total Assessment
$3,537,360 (2026)
  • Listing ID: 41570837

  • Date on Market: 8/5/2026

  • Last Updated:

  • Address: 3571 6th Ave, San Diego, CA 92103

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