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  • 3767 7Th Avenue

3767 7th Avenue, San Diego, CA 92103

$2,590,000 Approx. USD 6 beds, 5 baths

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Photo of Deanne Palmer

Deanne Palmer REALTOR® - Sales Associate 619-405-1862 m
619-405-1862 o
Lic#: 01487194
NRDS ID: 196533729
DeanneMPalmer@gmail.com Text Me
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Lic#: 01487194
NRDS ID: 196533729
DeanneMPalmer@gmail.com San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
Phone: 619-294-3113
Fax: 619-521-0100
 San Diego Central 2355 Northside Drive, Suite 180
San Diego, CA 92108
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Fax: 619-521-0100
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Listing Agent


Conor M Brennan
Lic#: 01918598
Broker: Courtesy of Conor Brennan, Broker
Phone: 720-841-8139

Agent Remarks

We are pleased to exclusively present for sale 3767 7th Avenue, an exceptionally restored Spanish-style multifamily investment located in the heart of Hillcrest, one of San Diego’s most desirable and supply-constrained urban neighborhoods. Combining stabilized in-place cash flow with fully entitled expansion potential, the offering presents a rare opportunity to acquire a trophy-quality asset featuring immediate development upside. The property currently consists of four legal apartment units and one non-conforming one-bedroom unit, while approved plans allow a purchaser to immediately commence construction of nine additional apartment units and legalize the existing non-conforming residence, resulting in a 14-unit apartment community upon completion. Originally constructed in 1930, the property has undergone an extensive, condo-quality restoration over recent years, preserving its timeless Spanish architecture while incorporating modern luxury finishes throughout. The existing improvements comprise approximately 3,910 rentable square feet and include a highly desirable unit mix consisting of one (1) 2-bedroom / 2-bath townhome (±1,200 SF), two (2) 2-bedroom / 1-bath residences (±875 SF each), one (1) studio (±400 SF), and one (1) non-conforming 1-bedroom / 1-bath unit (±560 SF) converted from a former laundry facility. The property currently generates approximately $167,200 in annual gross income, providing investors with meaningful in-place cash flow while preparing for immediate vertical expansion.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)
Status: ACTIVE
MLS# 260019147
Price: $2,590,000
Beds: 6
Baths: 5 (5 full)
Built in 1930
3 stories
0.16 acres
Subdivision: Hillcrest (HLCR)
County: San Diego
Construction: Wood/Stucco
Heating description: Wall/Gravity
MLS area: Metro Uptown

Last Updated: 8/6/2026

 Days On Market (DOM): 6

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This listing belongs to the Metro Uptown MLS area

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Lat/Long: 32.746403, -117.158155.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Deanne Palmer

Deanne Palmer REALTOR® - Sales Associate 619-405-1862 m
619-405-1862 o
Lic#: 01487194
NRDS ID: 196533729
DeanneMPalmer@gmail.com Text Me
Call My Cell
Call My Office
Lic#: 01487194
NRDS ID: 196533729
DeanneMPalmer@gmail.com
San Diego Central Office
2355 Northside Drive, Suite 180
San Diego, CA 92108
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