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Est. payment | /mo
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260020744SD
HOA Y/N No
Year Built 1939
Property Description
We are pleased to present for the first on market in over 50 years 3422-24 Albert Street, a well-positioned multifamily investment opportunity located in the highly desirable submarket of Hillcrest. Originally constructed in 1939, the property offers classic architectural character combined with long-term rental appeal, providing investors with an opportunity to acquire a value-add asset in a premier urban location. The 1,668-square-foot property consists of two residential units, offering an efficient unit mix that caters to strong renter demand in the surrounding market. With a functional layout, established tenancy, and attractive neighborhood fundamentals, the property provides investors with an opportunity to enhance value through strategic ownership and operational improvements. Situated on a 7,105 SF lot, the property offers significant potential for ADUs to further increase density and cash flow. Located in San Diego's 92103 zip code, 3422-24 Albert Street sits in the highly walkable Hillcrest area, one of the city's most established and amenity-rich urban neighborhoods. Residents are within easy reach of the Hillcrest business district, with its dense mix of dining, coffee shops, grocery, and everyday retail, as well as the cultural and recreational draw of nearby Balboa Park. The location offers quick access to Downtown San Diego and major employment centers, supported by convenient freeway connectivity via SR-163 and Interstate 5. This combination of a mature, pedestrian-friendly residential setting, strong neighborhood amenities, and central access to jobs and
Location
State CA
County San Diego
Area 92103 - Mission Hills
Interior
Cooling None
Fireplace No
Exterior
Fence Partial
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4524830600
Acceptable Financing Conventional
Listing Terms Conventional
Listed by Ben Sierpina Marcus & Millichap #02062416