3560 64 Front Street, Mission Hills, CA 92103

$2,300,000

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Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.

List Price
$2,300,000
Status
ACTIVE
Days on Market
1
MLS#
260022217SD
Subtype
Residential Income
Year Built
1903
MLS Area Major
San Diego Central

Property Description

We are pleased to present 3560-64 Front Street, a rare multi-residential investment opportunity located in the heart of Hillcrest, one of San Diego's most sought-after urban infill neighborhoods. Situated on an expansive 6,496 square-foot parcel and zoned RM-3-7, the property offers investors and developers a unique opportunity to acquire a large, well-positioned property in a supply-constrained submarket where development opportunities are increasingly difficult to secure. The existing improvements consist of three fully renovated residences, including a studio, a two-bedroom/one-bath unit, and a two-bedroom/two-bath unit. The residences feature original hardwood flooring, decorative fireplaces, spacious foyers, abundant natural light, remodeled kitchens and bathrooms, upgraded fixtures and finishes, and private outdoor living areas, including a spacious deck and a Juliet balcony accessed through elegant French doors in the primary residence. The property also has a large storage space at the back of the property that could be converted to a legal unit via ADU conversion. Delivering a significant advantage to a new investor, the property has recently received historical clearance, providing greater certainty for future redevelopment planning. Poised to be delivered 100% vacant at the close of escrow, the property also offers immediate control of the site without tenancy challenges. Positioned just minutes from Downtown San Diego, Balboa Park, UC San Diego Medical Center, and the vibrant Hillcrest dining, retail, and entertainment corridor.

Additional Information

Stories
Two Levels
Levels
Two

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.