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$4,900,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 hours ago
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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. 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.

Full Property Details for 3939 7th Ave

General

  • Price: $4,900,000
  • Status: Active
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 260007693
  • Updated: 4/2/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 16
  • Full Bathrooms: 16

Location

  • Area: MISSION HILLS (92103)
  • County: San Diego

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Stories/Levels: 2
  • Square Feet: 8,568
  • Living Area: 8,568 Sq. Ft.

Unit Information

  • Units in Building: 16

Lot Features

  • Lot Size (Sq. Ft.): 5,697

Financial Considerations

  • Operating Expenses: $120,922

Disclosures and Reports

  • Property ID: 444-683-04-00

Listed by NorthMarq Multifamily (858) 675-7865, Benn Vogelsang

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Listing agent

— 3939 7th Ave —

  • Benn Vogelsang

    NorthMarq Multifamily

BennVogelsang@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3939 7th Ave

School District:San Diego City Unified School District
NameGradesDistance
Florence Elementary School
3914 First Avenue, San Diego, CA 92103
K-50.3 mi
Roosevelt International Middle School
3366 Park Boulevard, San Diego, CA 92103
6-80.8 mi
San Diego High School
1405 Park Boulevard, San Diego, CA 92101
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3939 7th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/31/2026
Listed
$4,900,000
39.01%
MLS
4/17/2018
Sold
$3,525,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3939 7th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$50,285
6%
$4,010,845
4%
2023
$47,311
3%
$3,855,101
2%
2022
$46,050
1%
$3,779,511
2%
2021
$45,736
1%
$3,705,404
1%
2020
$45,181
2%
$3,667,410
2%
2019
$44,374
481%
$3,595,500
458%
2018
$7,642
2%
$644,205
2%
2017
$7,457
2%
$631,574
2%
2016
$7,328
1%
$619,191
2%
2015
$7,220
2%
$609,891
2%
2014
$7,112
—
$597,945
—
2013
$7,102
—
$595,244
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 3939 7th Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by NorthMarq Multifamily (858) 675-7865, Benn Vogelsang

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3939 7th Avenue, San Diego, CA 92103 (MLS# 260007693) is a Multi-Family property with 16 units containing 0 bedrooms and 16 full bathrooms. 3939 7th Avenue is currently listed for $4,900,000 and was received on March 31, 2026. Want to learn more about 3939 7th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hillcrest? You can browse all Hillcrest real estate or contact a Coldwell Banker agent to request more information.

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