3830 1st Avenue, Unit 13

San Diego, CA 92103

$2,600,000
Price
/
Lot Size / Acres

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...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. This property presents a unique opportunity for an investor to purchase development project in Hillcrest, one of the strongest submarkets.
  1. Listed by Austin Huffman • DRE #01981817 • Brokerage DRE #00530854 • Marcus & Millichap

Property Details for 3830 1st Avenue, Unit 13

Neighborhood
Hillcrest
Community
HILLCREST
City Postal ID
MISSION HILLS (92103)
Cross Street(s)
W Robinson Avenue

Location

Listing Courtesy of Marcus & Millichap, Austin Huffman, DRE #01981817
Add your commute
LISTING UPDATED: 03/29/2024 09:21 AM

Property Details for 3830 1st Avenue, Unit 13

StatusActive
MLS #240006626
Days on Market31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size-
CountySan Diego County

Location

Listing Courtesy of Marcus & Millichap, Austin Huffman, DRE #01981817
Add your commute

Payment Calculator

$14,189 per month

30 year fixed, 7.25% Interest

Principal and Interest

$14,189

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3830 1st Avenue, Unit 13

Summary Information
Property and Location
  • System ID: 240006626
  • Class: LOT/LAND
  • Street Number Numeric: 3830
  • Street Name: 1st Avenue
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
  • Directions To Property: Please contact listing agent: Austin Ray Huffman (858) 373-3122 austin.huffman@marcusmillichap.com
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Exterior Features
  • Fencing: N/K
Property Information
Property and Assessments
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: City/County Records
  • Frontage: N/K
  • Additional Property Use: N/K
  • Topography: Level
  • Assessors Parcel Num: 452-043-12-00
Utilities
  • Utilities Available: N/K
  • Utilities to Site: N/K
  • Water: N/K
  • Water District: CITY OF SAN DIEGO
  • Water District URL: www.ci.san-diego.ca.us/water
  • Irrigation: N/K

Property History for 3830 1st Avenue, Unit 13

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3830 1st Avenue, Unit 13

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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3830 1st Avenue, Unit 13 is a nullac of land for sale in San Diego, CA 92103. This property was listed for sale on March 7, 2024 by Marcus & Millichap, it's currently listed at $2,600,000. This listing's school district is San Diego Unified School District. Nearby schools include Florence Elementary School, Roosevelt International Middle School and Home & Hosp/Transition Support. 3830 1st Avenue, Unit 13 is a 0-bed, 0-bath, nullac of land.

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Listing Courtesy of Marcus & Millichap, Austin Huffman, DRE #01981817

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