4015 Richmond St

San Diego, CA 92103

$9,950,000
Price
3
Beds
3
Baths
11,343 Sq. Ft.
$877 / Sq. Ft.
11,343
Sq. Ft.
$877
per Sq. Ft.
a view of a city with tall buildings
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a kitchen with stainless steel appliances a refrigerator microwave and stove
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a kitchen with stainless steel appliances a sink a stove a refrigerator and wooden floor
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Description

Presenting The Richmond! Newly built 19-units (2025) in the heart of Hillcrest, featuring studios, 1BRs, and 2BRs averaging 597 SF, most with balconies. A recent rent comps survey indicates current rents are 20% below market, presenting an investor with the opportunity to unlock hidden value and achieve higher returns with minimal capital investment. The property is also exempt from AB 1482 rent caps through at least 2040, providing flexibility to capture market rent growth. Units include in-unit...Presenting The Richmond! Newly built 19-units (2025) in the heart of Hillcrest, featuring studios, 1BRs, and 2BRs averaging 597 SF, most with balconies. A recent rent comps survey indicates current rents are 20% below market, presenting an investor with the opportunity to unlock hidden value and achieve higher returns with minimal capital investment. The property is also exempt from AB 1482 rent caps through at least 2040, providing flexibility to capture market rent growth. Units include in-unit W/D, premium cabinetry, quartz counters, stainless steel appliances, triple-pane windows, and dishwashers in all but three units. Central HVAC ensures year-round comfort. Community features: secured subterranean parking (6 standard + 1 ADA), roof-mounted 17.3 kW solar. Built with wood-frame over podium construction, the property enjoys unmatched proximity to Balboa Park, UCSD Medical Center, Scripps Mercy, Downtown, and the airport. With strong demographics, high renter demand, and limited supply, The Richmond is a rare best-in-class asset in a prime San Diego location.

Property Details for 4015 Richmond Street

Area Zip
MISSION HILLS (92103)
Standard Status
Active
LISTING UPDATED: 12/11/2025 10:27 AM

Property Details for 4015 Richmond Street

StatusActive
MLS #250038838
Days on Market62
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial-Res Income / Com-Res Income
Year Built-
Lot Size-
CountySan Diego County

Location

Listing Courtesy of ACI Apartments, Ricardo D Lopez II, DRE #01936528
Add your commute

Building Information for 4015 Richmond Street

Stories4Residences19Year Built-Building Size-Lot Size-

Payment Calculator

$49,167 per month

30 year fixed, 6.28% Interest

Principal and Interest

$49,167

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4015 Richmond Street

Summary
Location and General Information
  • Coordinates: -117.150781, 32.75095
  • Latitude: 32.75095
  • Longitude: -117.150781
  • MLS Area Major: Metro Uptown
Property
Lot Information
  • Building Area Total: 11343.0
  • Building Area Units: Sqft
  • Living Area: 11343
  • Living Area Units: Sqft
  • Lot Size Area: 0.0
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Parcel Number: 445-631-07-00
  • Property Sub Type: Com-Res Income
  • Property Type: Residential Income
  • Year Built: 0
  • Assumable Finance: 0.0
Interior and Exterior Features
Exterior Features
  • Community Features: Elevator
  • Number Of Buildings: 1
Interior Features
  • Bathrooms Half: 0
  • Stories: 4
  • Cooling: Central Forced Air Elec
  • Heating: Central Forced Air Elec
  • Levels: 4 Story
  • Bedrooms Count: 3
  • Baths Total: 3.0
Multi Family
Income & Expenses
  • Operating Expense: $177,258
  • Gross Scheduled Income: $501,768
Multi Family Information
  • Unit Rent1: 1767
  • Unit Rent2: 2140
  • Unit Rent3: 2456
  • Num of Units1: 4
  • Num of Units2: 9
  • Num of Units3: 6
  • Number Of Units Total: 19

Property History for 4015 Richmond Street

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Withdrawn

SDMLS #250045537

$9,950,000—
Sep 12, 2025

Listed (Active)

SDMLS #250038838

$9,950,000—
Aug 18, 2025

Listed (Active)

SDMLS #250045537

$9,950,000—
DateEvent & SourcePrice
12/11/2025

Withdrawn

SDMLS #250045537

$9,950,000
09/12/2025

Listed (Active)

SDMLS #250038838

$9,950,000
08/18/2025

Listed (Active)

SDMLS #250045537

$9,950,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 4015 Richmond Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Birney Elementary School
Public - K to 5
Roosevelt International Middle School
Public - 6 to 8
Home & Hosp/Transition Support
Public - K to 12
Alba School
Public - 1 to 12
Rating
School
Distance
Birney Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

Home & Hosp/Transition Support
PublicK to 12

Alba School
Public1 to 12

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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More information about 4015 Richmond Street, San Diego, CA 92103

4015 Richmond Street is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on September 12, 2025 by ACI Apartments, it's currently listed at $9,950,000. This listing's school district is San Diego Unified School District. Nearby schools include Birney Elementary School, Roosevelt International Middle School and Home & Hosp/Transition Support. 4015 Richmond Street is a 3-bed, 3-bath, 11,343 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ACI Apartments, Ricardo D Lopez II, DRE #01936528

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