$4,500,000

420921 3rd Ave San Diego, CA 92103

0.2 acres
House

Property details

About 420921 3rd Ave

4209-21 3rd Avenue is a 9-unit multifamily property in San Diego’s rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 6800 sq ft across two legal parcels, the property. A common coin operated laundry room provides added convenience for residents. Features three buildings: two 2-story fourplexes 4209-15 with 2 bed/1 bath units, 4217-19-1/2 with 1 bed/1 bath units and a detached single-level 2bed/1 bath home. With the ability to secure 30 year fixed residential financing on one parcel, this investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The two legal parcels also provide an added exit strategy, allowing an investor to sell the parcels individually if desired. Don’t miss this competitively priced investment—perfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

Highlights

Home typeOther
StatusActive
Lot size0.2296 Acres
Year built1971
MLS #PTP2504032

Summary

  • Private Pool: No
  • List Price: $4,500,000
  • HOA Amount: $0
  • Lot: Level
  • Directions: From Washington St. make a right on 4th Ave. Make a left on Arbor Drive and a right on 3rd Ave.
  • Year Built: 1971
  • Stories: 2
  • Lot Size: 0.2296 Acres
  • MLS Number: PTP2504032
  • MLS Name: CRMLS
  • Office Name: South Bay Real Estate
  • Office Email: ed@southbayre.net
  • Listing Agent: ED Bustamante

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/7/2025, 11:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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420921 3rd Ave, San Diego, CA 92103 - townhome / multi-family property featuring stairs and stucco siding

$4,500,000

420921 3rd Ave

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Price information

Property sales

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Tax history

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Nearby schools

5

Florence Elementary School

Public District KG-5

0.6 mi

3914 1st Ave

7

Birney Elementary School

Public District KG-5

0.9 mi

4345 Campus Ave

5

Carson Elementary School

Public District KG-5

1.4 mi

6905 Kramer St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $57,668. The most common annual income of people living in San Diego, CA is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

31%
<35k
52%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

81%
Single, No Kids
2%
Single, with Kids
14%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
3%
12-17 yrs old
46%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Banana RepublicBanana Republic
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • VolkswagenVolkswagen
  • ToyotaToyota
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 420921 3rd Ave

The listing price of 420921 3rd Ave property is $4,500,000.

The property 420921 3rd Ave is a house located in San Diego, California, 92103.

Active Listing: 420921 3rd Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 420921 3rd Ave are: Florence Elementary School (GreatSchools Rating 5/10), Birney Elementary School (GreatSchools Rating 7/10), Carson Elementary School (GreatSchools Rating 5/10), Grant K-8 School (GreatSchools Rating 7/10), Roosevelt Middle School (GreatSchools Rating 5/10), Old Town Academy K-8 Charter (GreatSchools Rating 6/10), San Diego County Community (GreatSchools Rating 3/10), Twain High School (GreatSchools Rating 3/10), Alba (GreatSchools Rating 1/10).

The property at 420921 3rd Ave has 0 bathroom.

The year of construction for 420921 3rd Ave is 1971.

This home is located at 420921 3rd Ave in San Diego, CA and zip code 92103 in the Hillcrest neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 1, 2025 and is currently priced at $4,500,000.

While more than 67 listings in San Diego, CA in May 2025 were sold above asking price, there were more than 49 listings sold at asking price, and more than 95 were sold below. In May 2025 in San Diego, CA there were 8.7% more homes for sale than in April. In May 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $888,647.

From Rocket Homes Real Estate and based on county public records data.

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