4030 Front St, San Diego, CA 92103 (MLS # 250026658)

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PRICE	$4,495,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	10,324 sqft

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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.

DAYS ON MARKET	2	LAST UPDATED	5/6/2025
YEAR BUILT	0	COUNTY	San Diego
STATUS	Active	PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
LOT	10324 sq ft
ZONING	RM-3-9

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Listed with JLM Real Estate Inc

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4030 Front St, San Diego, CA 92103 (MLS # 250026658)

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