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We are pleased to exclusively present 3513-33 1st Avenue, a 19-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego. Originally constructed in 1931 and extensively upgraded, the property is situated on an approximately 11,177-square-foot lot and totals approximately 9,376 rentable square feet. The offering combines an irreplaceable urban location, 1930s architectural character paired with modernized building systems, and a large land footprint in one of San Diego's most supply-constrained submarkets. The property features a compelling unit mix of six (6) studio / one-bath units, five (5) one-bedroom / one-bath units and eight (8) two-bedroom / one-bath units, catering to strong demand for two-bedroom product in Hillcrest. Ownership has completed an extensive capital improvement program, including recently upgraded plumbing, upgraded electrical, new roof, new tankless gas water heaters, a new electric boiler and fire safety systems. Most units include an in-unit washer and dryer, supplemented by a common laundry room, and select units feature mini-split AC. The work pairs the architectural detail of a 1931 building with interiors finished to current standards, leaving a new owner with limited near-term capital requirements. Three (3) off-street parking spaces serve the property. Sold separately or together as a portfolio with: 2120 Mission Avenue | 27 Units 3621 Park Boulevard | 14 Units
Property Type(s):
Commercial
| Last Updated | 11/11/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 92103 - Mission Hills | County | San Diego |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 92103 - Mission Hills |
| HEAT | None |
| LOT | 0 |
Location
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Listed with Conor Brennan, Broker
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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