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We are pleased to exclusively present 3621 Park Boulevard, a 14-unit multifamily investment opportunity located in the highly desirable Hillcrest neighborhood of San Diego, adjacent to University Heights and Balboa Park. Originally constructed in 1936 as an 11-unit property, it has since been expanded with three (3) newly completed accessory dwelling units (ADUs) and benefits from recent upgrades to its major building systems. Situated on an approximately 8,221 square-foot lot with approximately 8,107 rentable square feet, the property offers investors a character-rich vintage asset with the modern amenities urban renters expect. The property features a flexible unit mix of three (3) studio / one-bath units, seven (7) one-bedroom / one-bath units and four (4) two-bedroom / one-bath units, catering to a wide range of urban renters. Ownership has completed a comprehensive capital improvement program, including upgraded plumbing, upgraded electrical with individual unit subpanels, and fire safety systems. Every unit includes an in-unit washer and dryer, and select units feature mini-split AC and new electric water heaters. The combination of 1930s architectural character and updated interiors leaves a new owner with limited near-term capital requirements. Sold separately or together as a portfolio with: 2120 Mission Avenue | 27 Units 3513-33 First Avenue | 19 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 | 8220 sq ft |
| LOT DIMENSIONS | 8221 |
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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