Property Description

La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.

Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Zipcode:
92103
Street:
7th Avenue
Street Number:
3939
Longitude:
W118° 50' 30.8''
Latitude:
N32° 44' 57''
Mls Area Major:
Metro Uptown
Additional Info
Office Name:
NorthMarq Multifamily
Agent Name:
Benn Vogelsang
Additional Information
Building Size:
8568
Number Of Units Total:
16
On Market Date:
2026-03-31
Stories:
2
Virtual Tour:
https://www.propertypanorama.com/instaview/snd/230002134
Listing Information
List Agent Mls Id:
655990
List Office Mls Id:
990885
Mls Status:
ACTIVE
Modification Timestamp:
2026-04-02T18:28:58Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

3939 7th Avenue, San Diego, CA 92103

16 Bathrooms
8,568
$4,900,000
Listing ID #260007693
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
260007693
Price :
$4,900,000
Bathrooms :
16
Square Footage :
8,568
Status :
Active
Full Bathrooms :
16
Property Sub Type :
Com-Res Income
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