CA > San Diego > Hillcrest
San Diego, CA 92103,3830 1st Ave
San Diego, CA 92103,3830 1st Ave
San Diego, CA 92103,3830 1st Ave
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,600,000
Est. payment /mo
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Hillcrest

MLS Listing ID 240006626SD

HOA Y/N No

Property Description

We are pleased to present First Avenue Lofts, a fully entitled 56-unit investment opportunity located at 3830 First Avenue San Diego, CA. The First Avenue Lofts is comprised of sixteen (16) studios averaging 380 sqft each, and forty (40) one-bedroom/one-bathroom units ranging from 570 – 715 square feet. Once built, the eight-story property will be a total of 37,975 square feet (32,215 net rentable). Each apartment unit will be furnished with contemporary fixtures and finishes, coming with 9-foot ceilings, quartz countertops, full kitchen appliance packages, HVAC, built-in shelves and storage cabinetry. The subject property is located in Hillcrest, one of the most coveted locations for renters in San Diego. In and of itself, the site location is also outstanding, giving premium visibility and walkability. The property boasts a walkability score of 97 which is “a walkers paradise”. It is less than a mile from Balboa Park which offers tennis courts, public pool, baseball fields, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on University Avenue, and Robinson Avenue. Lastly, residents enjoy easy access to CA-163 and Interstate 5 and are just minutes away from San Diego's largest employment centers including Downtown, Mission Valley, and Kearny Mesa.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Interior

Fireplace No

Exterior

Fence None

View Y/N No

Building

Lot Description Level

Others

Senior Community No

Tax ID 4520431200

Acceptable Financing Conventional

Listing Terms Conventional

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California Regional MLS (CRMLS)
Listed by Austin Huffman • Marcus & Millichap
agent-avatar

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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