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4217 3rd Ave #211 / 61 · Click to zoom

About this home

Location, location, location, these phenomenal units in hillcrest must not be missed! Having a separate detached free standing 2-bedroom unit is a fantastic feature, providing flexibility for extended family, guests, or rental income. The multi-family zoning and potential for additional construction make this property even more attractive for investment or future expansion. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living while also having rental income. This property is one of 2 properties in a portfolio being offered for sale. Each property can be purchased on an individual basis. Don't miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego's most desirable residential submarkets.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$3,350,000 · Apr 2025
📋 Assessed value$1,887,000
💵 Annual tax$1,580
🏫 School districtSan Diego City Unified School District

MLS #PTP2601938

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$15,662
Principal & interest$12,641
Property tax$2,292
Home insurance$729
Down payment: $500,000Loan: $2,000,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.