3939 7th Avenue, San Diego, CA - Berkshire Hathaway HomeServices California Properties

3939 7th Avenue, San Diego, CA

$5,245,000 Approx. USD 0 beds, 1 baths
8,568 sqft

Listing Agent


Benn Vogelsang
Lic#: 01883437
Broker: Courtesy of NorthMarq Multifamily

Agent Remarks

La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.

Listing Details

Property type: Com-Res Income (Multi-Family)
Status: ACTIVE
MLS# 240018814
List price is $5,245,000 Reduced by $50,000 on 1/13/2025
Price: $5,245,000
Beds: 0
Baths: 1
8,568 sqft
0.00 acres
County: San Diego
MLS area: Metro Uptown

Last Updated: 7/10/2025

 Days On Market (DOM): 346

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This listing belongs to the Metro Uptown MLS area

Lat/Long: 32.749174, -117.158113.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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