NOT LISTED FOR SALE
11 Beds
8 Baths
5,584 Sq Ft
-- Built

Sale Details

Date Sold: January 19, 2021

Last sale price $3,100,000 $555 Per Sq Ft

113 Days on Market

About This Home

As of January 2021

Pleased to offer for sale 8 luxury apartment homes located at 3579 to 3585 Third Avenue in the heart of Hillcrest, the premier infill urban community of central San Diego. Built in 1940 and completely renovated in 2018, the unit mix consists of 5 spacious one-bedrooms and 3 two-bedrooms, including a 921 SF owner’s unit. All units feature high end finishes, including new washer/dryers. With a walk score of 87, Hillcrest is one of San Diego’s most sought after housing markets. The property is steps away from some of the county’s best restaurants, entertainment, shopping, employment, and transportation. The community features numerous convenient thoroughfares, allowing easy access to neighboring Downtown, Mission Valley, and Balboa Park, along with Interstate 5, 8 and Highway 163. See Offering Memorandum in Docs.

Last Agent to Sell the Property

Philip Buckley

CBRE License #01209801 Listed on: 09/15/2020

Last Buyer's Agent

Ron Hammett

Hammett Properties License #00452237

Property Details

Home Type

  • Multi-Family

Home Design

  • Frame Construction
  • Stucco

Interior Spaces

  • 11 Bedrooms
  • 5,584 Sq Ft Home
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 3579

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Community Barbecue Grill

Building Details

  • 8 Leased Units
  • Operating Expense $66,625

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: BBQ
  • CapRate: 4.0
  • Co List Office Mls Id: 4473
  • Living Area: 5584.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-01T07:36:56Z
  • FullAddress: 3579 Third Avenue
  • NumofLeasedApartments: 8
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 11

Exterior Features

  • Construction Type: Frame, Stucco

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 8
  • Annual Operating Expense: 66625.0
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2021 01/19/21 Sold $3,100,000 -1.6% $555 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
09/16/2020 09/16/20 For Sale $3,150,000 -- $564 / Sq Ft
Source: San Diego MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $40,458 $3,355,538 $2,381,350 $974,188
2024 $40,458 $3,289,744 $2,334,657 $955,087
2023 $39,566 $3,225,240 $2,288,880 $936,360
2022 $38,513 $3,162,000 $2,244,000 $918,000
2021 $28,871 $2,338,871 $1,576,767 $762,104
2020 $28,520 $2,314,890 $1,560,600 $754,290
2019 $28,011 $2,269,500 $1,530,000 $739,500
2018 $26,185 $2,225,000 $1,500,000 $725,000
2017 $1,900 $158,413 $50,742 $107,671
2016 $1,864 $155,308 $49,748 $105,560
2015 $1,837 $152,976 $49,001 $103,975
2014 $1,812 $149,981 $48,042 $101,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 200045090

San Diego MLS
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