Active
3939 7th Avenue
Mission Hills CA, 92103
$5,295,000
$618.00 per sqft
Active
8,568 sqft
Commercial
La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.
240018814
MLSⓇ ID
August 9, 2024
Listed
November 7, 2024
Updated
Map
3939 7th Avenue
Mission Hills CA, 92103
Other Property Details
Area Name
Metro Uptown
Days on Market
90
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/7/2024 | Price change | $5,295,000 -4% |
Listed by NorthMarq Multifamily, Benn Vogelsang,
Listing Contact: 415-250-4947
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Data last updated 8:10 PM UTC, 11/7/2024
