3700 Third Ave, San Diego, CA 92103 - Photo 1

1/1

$2,275,000

Sold
Closed
Multi-Family
5 Total Beds
Updated 3 days ago

1/1

Property Description

Unlock exceptional earning potential with this extensively renovated multi-unit asset in the heart of Hillcrest, one of San Diego's most walkable and high-demand rental market. This standout property features three beautifully updated units including a brand-new, fully permitted ADU with its own single-car garage and private parking. Each unit has been thoughtfully redesigned with high-end finishes including luxury vinyl plank floors, quartz countertops, designer tile, and spa-style bathrooms. All major systems are upgraded (HVAC, electrical, plumbing, roof), making it completely turnkey. With a strong short-term rental history and incredible income potential, this is the perfect opportunity to live in one unit and rent the rest, or operate a top-performing Airbnb portfolio. Just steps from Whole Foods, Balboa Park, cafés, restaurants, and nightlife-this is luxury, location, and cash flow all in one.

Full Property Details

Full Property Details for 3700 Third Ave

General

Sold For: $2,275,000
Status: Closed
Type: Multi-Family
Source: SANDICOR
MLS ID: 250026184
Added to Site: 260 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 5

Additional Information

Security/Safety: Other/Remarks

Location

Area: MISSION HILLS (92103)
County: San Diego
Subdivision: HILLCREST
Neighborhood: Hillcrest
Driving Directions: Exit I-163 South on University Ave/6th Ave, turn right on University Ave, left on Third Ave, Property will be on the right

Heating & Cooling

Cooling Type: Wall/Window Air Conditioning
Heating Type: Fireplace, Wall/Gravity

Utilities

Utility Description: Sewer Connected

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Wood
Roof: Other (See Remarks)
Stories/Levels: 2
Square Feet: 2,555
Year Built: 1915

Unit Information

Units in Building: 3

Lot Features

Property View: City
Fencing (Description): Partial

Financial Considerations

Terms: Cash, Conventional, Other/Remarks
Tenant Pays: Other/Remarks

Disclosures and Reports

Property ID: 452-063-09-00

Listed by Compass (858) 277-3325, David Weis and Out Of Area - Non Member (925) 363-2333, OUT OF AREA
Sold by Compass (619) 518-9246, Joshua Higgins

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Listing agents

— 3700 Third Ave —

David Weis

Compass
OUT OF AREA

Out Of Area - Non Member

david.weis@compass.com

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NMLS#: 1598647

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Schools

Schools serving 3700 Third Ave

School District:San Diego City Unified School District

Name	Grades	Distance
Florence Elementary School 3914 First Avenue, San Diego, CA 92103	K-5	0.3 mi
Roosevelt International Middle School 3366 Park Boulevard, San Diego, CA 92103	6-8	0.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3700 Third Ave

Date

Details

Price

Change

Source

10/16/2025

Sold

$2,275,000

-5.21%

MLS

5/01/2025

Listed

$2,400,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3700 Third Ave, San Diego, CA 92103 (MLS# 250026184) is a Multi-Family property that was sold at $2,275,000 on October 16, 2025. Want to learn more about 3700 Third Ave? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

3700 Third Ave San Diego, CA 92103