4030 Front St San Diego, CA 92103

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Richard Combs

[email protected] +1(619) 838-9307

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250026658

Lot Size 10,394 Sqft

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 Mission Hills (92103)

Zoning RM-3-9

Exterior

Total Parking Spaces 14

Building

Story 2

Others

Space Rent $297,240

Listed by Jason J Lee • JLM Real Estate Inc

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

4030 Front St San Diego, CA 92103

Richard Combs

Key Details

Location

Exterior

Building

Others

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4030 Front St