$4,185,000

3942 8th Ave San Diego, CA 92103

Hillcrest Neighborhood

Estimated payment $25,462/month

Total Views 1,551
-- Bed
-- Bath
5,676 Sq Ft
$737 Price per Sq Ft

About This Home

WLA 3942 on 8th is an existing Single Room Occupancy (SRO) property with 31 units strategically located in the uptown neighborhood of Hillcrest, one of San Diego’s most coveted urban locations. Built in 1925, the property feature small units with a combination of shared-bathrooms and rooms with private bathrooms. There are common laundry facilities and a gated landscaped yard. The property is located one-block from the Wholefoods Market and dozens of eateries and restaurants. The Trader Joe’s / Ralph's shopping center is located less than 1⁄4 mile away on University Avenue. WLA 3942 on 8th is walking distance to 10 bus lines, including the new Rapid Bus Transit, which offers high-speed, limited stop service between San Diego State University and downtown San Diego. Hillcrest is served by the region’s highest level of bus service. Centrally located between downtown San Diego, Mission Valley, and North Park, Hillcrest has quick access to freeways, transit, and surrounding neighborhoods and major employment centers.

Listing Agent

Eric Comer

Eric D. Comer, Broker License #00842230 Listed on: 08/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,984

Home Design

  • 5,676 Sq Ft Home

Community Details

  • 31 Units
  • Operating Expense $263,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 3
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 8042
  • Special Features: None

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 31
  • Annual Operating Expense: 263610.0

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $37,984 $3,152,412 $2,705,040 $447,372
2024 $37,984 $3,090,600 $2,652,000 $438,600
2023 $37,149 $3,030,000 $2,600,000 $430,000
2022 $13,575 $1,113,662 $320,173 $793,489
2021 $13,482 $1,091,827 $313,896 $777,931
2020 $13,319 $1,080,633 $310,678 $769,955
2019 $13,081 $1,059,445 $304,587 $754,858
2018 $12,229 $1,038,672 $298,615 $740,057
2017 $11,939 $1,018,307 $292,760 $725,547
2016 $11,751 $998,341 $287,020 $711,321
2015 $11,577 $983,346 $282,709 $700,637
2014 $11,467 $970,270 $277,172 $693,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Off Market $995 -- --
08/25/2025 08/25/25 For Sale $4,185,000 0.0% $737 / Sq Ft
08/20/2025 08/20/25 Price Changed $995 -5.2% $9 / Sq Ft
03/17/2025 03/17/25 Price Changed $1,050 -8.7% $10 / Sq Ft
02/27/2025 02/27/25 Price Changed $1,150 +15.6% $11 / Sq Ft
02/14/2025 02/14/25 For Rent $995 -- --
Source: San Diego MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,050,000 First American Title
Grant Deed $2,075,000 Commonwealth Land Title Co
Quit Claim Deed -- --
Deed $275,000 --
Deed $167,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,225,000 New Conventional
Closed $1,830,000 New Conventional
Previous Owner $2,271,500 Construction
Previous Owner $1,585,000 Commercial
Source: Public Records

Source: San Diego MLS

MLS Number: 250037186

San Diego MLS

APN: 444-683-12

California San Diego County San Diego 92103 Hillcrest

3942 8th Ave, San Diego, CA

This home is located at 3942 8th Ave, San Diego, CA 92103 and is currently priced at $4,185,000, approximately $737 per square foot. 3942 8th Ave is a home located in San Diego County with nearby schools including Florence Elementary School, Roosevelt International Middle School, and Museum School.

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Eric Comer
Listing Agent
Eric Comer
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Eric D. Comer, Broker
(858) 231-4683