3947-59 3rd AvenueSan Diego, CA 92103
3947–59 3rd Avenue is a 12-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego, California.? Originally constructed in 1950, the property offers classic architectural character in one of the city's most walkable and supply-constrained rental submarkets.? The 6,484 sqft property consists of (12) one-bedroom / one-bathroom units, catering to a broad tenant base and providing a straightforward, efficient layout attractive to renters.? On a 10,497 sqft lot, it is located in Complete Communities Tier 2 with an 8.0 FAR.? Situated one parcel south of Washington St and along the prominent 3rd Avenue corridor, the asset benefits from immediate proximity to Hillcrest's vibrant retail, dining, and entertainment amenities, while offering convenient access to Downtown San Diego and major employment centers.? 3947–59 3rd Avenue presents investors with the opportunity to capitalize on strong in-place rental demand with additional upside through renovations and potential high density development.?
| 2 months ago | Listing updated with changes from the MLS |
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.
Last checked 2026
3947-59 3rd Avenue, San Diego Property Details
3947-59 3rd Avenue is a residence located in San Diego, CA 92103 sold for $3,770,000. The residence features 12 bedrooms, 12 bathrooms, 6,484 square feet of living space.
For current inventory and market context, see Downtown San Diego condos for sale.
This page includes MLS property details, photographs, features and location information to help evaluate the residence and compare it with other San Diego real estate. Contact SV Premier Real Estate for current availability, comparable properties, and private showings of 3947-59 3rd Avenue.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.