San Diego, CA 92103,4030 Front St
San Diego, CA 92103,4030 Front St
San Diego, CA 92103,4030 Front St
$4,150,000
Est. payment /mo
$4,395,000
5.6%
Est.Price: ?

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10,393 Sqft Lot
SOLD DATE : 07/25/2025

Key Details

Sold Price $4,150,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 250026658SD

Sold Date 07/25/25

HOA Y/N No

Lot Size 10,393 Sqft

Property Sub-Type Mixed Use

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 92103 - Mission Hills

Zoning RM-3-9

Interior

Fireplace No

Exterior

Total Parking Spaces 14

Others

Tax ID 4444913700

Financing Other

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CRMLS – RECore
Listed by Jason Lee Nara Advisors, Inc.
Bought with Jason Lee Nara Advisors, Inc.

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agent

Rod Austin

Managing Partner/Agent | License ID: 01944483

+1(562) 619-7000

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