1756 Robinson Avenue, Mission Hills, CA 92103

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List Price
$3,000,000
Status
ACTIVE
MLS#
260025706SD
Days on Market
2
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

We are pleased to present "Little Robbie" at 1756-1762 Robinson Ave, an 8-unit pride of ownership multifamily asset located in the vibrant and highly desirable Hillcrest neighborhood of San Diego, California. Constructed in 1953 but extensively remodeled in 2020, this property features eight (8) two-bedroom, one-bathroom units, totaling approximately 6,400 rentable square feet on a 0.14 acre lot. With a walk score of 89, this very walkable property is situated in the heart of Hillcrest, just three blocks from Balboa Park, offering tenants unparalleled access to a dynamic mix of ethnically diverse restaurants, coffee houses, nightclubs, breweries, and acclaimed wine bars along University Avenue. The property includes onsite laundry and secured gated entry, enhancing tenant convenience, safety, and retention. Hillcrest’s eclectic vibe, pedestrian-friendly streets, and proximity to major attractions like Balboa Park and key employment centers, including Downtown San Diego and Mission Valley, make this asset a prime investment opportunity. Investors can capitalize on Hillcrest’s lucrative rental market, known for its high demand and strong pedestrian activity, ensuring consistent cash flow and long-term appreciation in one of San Diego’s hippest and most trendy neighborhoods.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
8
Gross Scheduled Income
$231,060
Operating Expense
75685

Listing courtesy of Listing Agent: Austin Huffman (ahuffman@ipausa.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.