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3925-3935 7th Ave
San Diego, CA 92103 Uptown San Diego

$5,300,000 USD

Apartments For Sale • 10,518 SF

Property Details

Property Type Apartments
Total Building Size 8,712 SF
Lot Size 0.2 AC
Building Class C
Year Built 1950
Cap Rate 3.87 %
Zoning R-3

55 Transit Score

95 Walk Score

                
                    Highlights
                
                                All two-bedroom, one-bath units in Prime Hillcrest Location
                            
                                Rare, 16 dedicated on-site parking spaces 
                            
                                Offering consists of Two parcels totaling 13,715 sq. ft. 
                            
                                Additional income sources from RUBS and on-site laundry
                            
                                Excellent value-add opportunity through interior renovations
                            
                                Attractive long-term hold with redevelopment potential across two contiguous parcels

Property Flyers

Carmen Apartments Offering Memorandum

Financial Summary (Proforma)

Net Operating Income: $319,694 USD (2025)

Cap Rate:	3.87 %
Total Expenses:	$117,778 USD

Amenities

Courtyard

Public Transportation

Commuter Rail	Drive	Walk	Distance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	7 min	-	3.4 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	7 min	-	3.5 mi
Airport	Drive	Walk	Distance
San Diego International	7 min	-	2.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Surface
Included in Rent:	Yes

Bill Anderson 858-245-4887 ACRE Investment Real Estate Services

3925-3935 7th Ave San Diego, CA 92103 Uptown San Diego