3939 7th Avenue
$5,850,000
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Description
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. There is ASSUMABLE FINANCING...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. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. 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.
- Listed by Benn Vogelsang • DRE #01883437 • NorthMarq Multifamily
- Listed by Erik M Anderson • DRE #01991182 • NorthMarq Multifamily
Property Details for 3939 7th Avenue
City Postal ID
MISSION HILLS (92103)
LISTING UPDATED: 02/21/2024 04:21 PM
Property Details for 3939 7th Avenue
Status | Active |
---|---|
MLS # | 230002134 |
Days on Market | 689 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial-Res Income |
Year Built | - |
Lot Size | 0.13 AC / 5,697 SF |
County | San Diego County |
Building Information for 3939 7th Avenue
Stories-Residences-Year Built-Building Size-Lot Size0.13 AC / 5,697 SF
Property Information for 3939 7th Avenue
Property History for 3939 7th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3939 7th Avenue
Taxable ValueLand$2,788,796Additions$1,143,406Total$3,932,202
Tax Record2024$48,382 ($4,032 / month)
Home Facts
Total Finished SqFt8,568 SqFtAbove Grade Finished SqFt8,568 SqFtLot Size5,633 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningCOMMERCIALCountySAN DIEGOAPN444-683-04-00
Schools near 3939 7th Avenue
This home is within San Diego Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | K to 12 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Florence Elementary School PublicK to 5 | ||
Roosevelt International Middle School Public6 to 8 | ||
Home & Hosp/Transition Support PublicK to 12 | ||
Museum CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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