3830 1st Ave
San Diego, CA 92103
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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.
Listed By SDMLS / Austin Huffman / Marcus & Millichap
Last checked:
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Last updated Jan 16, 2025
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MLS# 240006626SD —
Location
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Directions:Please contact listing agent: Austin Ray Huffman (858) 373-3122 austin.huffman@marcusmillichap.com CrossStreet: W Robinson Avenue
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Latitude:32.74748723
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Longitude:-117.16419427
The Property
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Property Type:Land
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Topography:Level
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Lot Size Source:Public Records
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Fencing:None
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Fence:No
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Additional Parcels:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:4520431200
The Community
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Subdivision:Hillcrest
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Subdivision:Hillcrest
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Neighborhood:Hillcrest
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Senior Community:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
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3/28/24
Mar 28, 2024
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Listed / Active | CRMLS_CA | $2,600,000 | 62.5% (22.3% / YR) |
6/7/21
Jun 7, 2021
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CRMLS_CA | $1,600,000 | -1.5% | |
5/21/21
May 21, 2021
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CRMLS_CA | $1,624,000 |