3602-08 Indiana Street, San Diego, CA 92103
3602-08 Indiana Street, San Diego, CA 92103
3602-08 Indiana Street, San Diego, CA 92103
3602-08 Indiana Street, San Diego, CA 92103
3602-08 Indiana Street, San Diego, CA 92103
3602-08 Indiana Street, San Diego, CA 92103
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Craig Hulbert

Craig Hulbert

+1(858) 752-3447
$ 3,395,000
Est. payment | /mo

11 Beds

8 Baths

4,846 SqFt

Save
$ 3,395,000
Est. payment | /mo
Save

11 Beds

8 Baths

4,846 SqFt

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,846 sqft

Price per Sqft $700

MLS Listing ID 260012514

Bedrooms 11

Full Baths 8

Property Sub-Type Com-Res Income

Property Description

Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself.

Location

State CA

County San Diego

Area Metro Uptown

Direction Google/Apple Maps

Interior

Heating Floor Furnace, Wall

Cooling None

Flooring Slab, Wood

Fireplace No

Laundry Leased

Exterior

Parking Features Garages

View Y/N No

Roof Type Tile

Building

Dwelling Type Apartment

Story 2

Others

Senior Community No

Tax ID 452-361-20-00

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

MLS Router / San Diego MLS
Listed by Anthony J Mendes, DRE#01845642 The Mendes Company 

Nearby Locations

Craig Hulbert

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(858) 752-3447

craig.hulbert@exprealty.com

5530 La Jolla Blvd, La Jolla, CA, 92037, USA

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Craig Hulbert, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

3602-08 Indiana Street