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3939 7th Ave
San Diego, CA 92103
La Palma · Multifamily Property For Sale
·
16 Units

Property Facts
| No. Units | 16 | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 8,568 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1928 |
| Zoning | CC-3-8 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 8,568 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1928 |
| Zoning | CC-3-8 |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
- Heating
- Kitchen
- Range
- Tub/Shower
- Vinyl Flooring
About 3939 7TH AVE , SAN DIEGO, CA 92103
La Palma is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. The units feature hardwood floors, decorative fireplaces, spacious floorplans, and full closets. The 8,568 square foot building built in 1928 features interior common hallways and onsite laundry facilities. The structure is situated on a 5,697 lot just blocks from Scripps Mercy Hospital and the shopping, entertainment, business and transit on University Avenue. Hillcrest has blossomed over the past decade into one of the hippest, most happening communities in all of San Diego and is known for its tolerance, youthfulness, culture, and diversity as well as numerous locally-owned businesses, including restaurants, cafés, bars, clubs, trendy thrift-stores, and other independent specialty stores. Hillcrest also has two major hospitals that serve the area and many medical offices. Hillcrest has a high population density compared to many other neighborhoods in San Diego. Hillcrest is an older neighborhood which has gone through gentrification. Many streets are lined with trees. There are Craftsman homes and Mid-Century modern apartment buildings. The community is considered one of the most desirable submarkets to live and own in San Diego County. The neighborhood is bound by Mission Hills to the northwest, Bankers Hill and Balboa Park to the south, University Heights to the north, and North Park to the east. A large ridge overlooking San Diego Bay borders the neighborhood to the west. Hillcrest is part of the Uptown community planning area, which consists of the neighborhoods of Mission Hills, Hillcrest, Bankers Hill, Park West, and University Heights. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS. Seller holds an active California Real Estate Broker's License. Contingent on Seller's 1031 exchange. Property to be sold 'as is.'
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | $1,049 | 500 |
Property Taxes
| Parcel Number | 444-683-04 | Improvements Assessment | $1,166,274 |
| Land Assessment | $2,844,571 | Total Assessment | $4,010,845 |
Property Taxes
Listing ID: 11358409
Date on Market: 1/24/2018
Last Updated:
Address: 3939 7th Ave, San Diego, CA 92103
The Hillcrest Multifamily Property at 3939 7th Ave, San Diego, CA 92103 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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