11
See all 11 photos
$4,150,000
$4,395,000 5.6%
Est. payment /mo
12 Beds
9,106 SqFt
Sold on 07/25/2025
4030 Front St San Diego, CA 92103
GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
UPDATED:
Key Details
Sold Price $4,150,000
Property Type Single Family Home
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 9,106 sqft
Price per Sqft $455
MLS Listing ID 250026658
Bedrooms 12
Property Sub-Type Com-Res Income
Property Description
Rare Hillcrest 14-unit multifamily investment with major rental upside. Located in one of San Diego's strongest rental submarkets, this value-add opportunity includes (8) 1Bed/1Bath, (4) 2Bed/1Bath, and (2) Studios. All tenants are on month-to-month leases, offering maximum flexibility for rent increases and renovations. Current rents are below market, and new ownership can significantly increase income through targeted improvements—some of which have already been completed by the current ownership. With a current cap rate of 3.41% and a proforma cap of 6.37%, this property is ideal for investors seeking cash flow growth and long-term upside in a blue-chip location.
Location
State CA
County San Diego
Area Metro Uptown
Zoning RM-3-9
Exterior
View Y/N No
Building
Story 2
Listed by Jason J Lee Nara Advisors, Inc.
Bought with Jason J Lee Nara Advisors, Inc.
Bought with Jason J Lee Nara Advisors, Inc.
GET MORE INFORMATION