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$4,150,000
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Property Description
Rare Hillcrest 14-unit multifamily investment with major rental upside. Located in one of San Diego's strongest rental submarkets, this value-add opportunity includes (8) 1Bed/1Bath, (4) 2Bed/1Bath, and (2) Studios. All tenants are on month-to-month leases, offering maximum flexibility for rent increases and renovations. Current rents are below market, and new ownership can significantly increase income through targeted improvements-some of which have already been completed by the current ownership. With a current cap rate of 3.41% and a proforma cap of 6.37%, this property is ideal for investors seeking cash flow growth and long-term upside in a blue-chip location.
Full Property Details
Full Property Details for 4030 Front St
General
- Sold For: $4,150,000
- Status: Closed
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 250026658
- Added to Site: 254 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 12
Parking
- Total Spaces: 14
Location
- Area: MISSION HILLS (92103)
- County: San Diego
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Stories/Levels: 2
- Square Feet: 9,106
- Living Area: 9,106 Sq. Ft.
Unit Information
- Units in Building: 14
Lot Features
- Zoning: RM-3-9
Financial Considerations
- Operating Expenses: $119,692
Disclosures and Reports
- Property ID: 444-491-37-00
Listed and Sold by Nara Advisors, Inc. (858) 336-9688, Jason J Lee
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Schools
Schools serving 4030 Front St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Florence Elementary School 3914 First Avenue, San Diego, CA 92103 | K-5 | 0.1 mi |
Roosevelt International Middle School 3366 Park Boulevard, San Diego, CA 92103 | 6-8 | 1.2 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 4030 Front St
Date
Details
Price
Change
Source
7/25/2025
Sold
$4,150,000
-5.57%
MLS
6/03/2025
Price Reduced
$4,395,000
-2.22%
MLS
5/06/2025
Listed
$4,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4030 Front St, San Diego, CA 92103 (MLS# 250026658) is a Multi-Family property that was sold at $4,150,000 on July 25, 2025. Want to learn more about 4030 Front St? 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.

