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3655-3663 6th Ave 5 Unit Apartment Building $3,365,580 CAD ($673,116 CAD/Unit) San Diego, CA 92103

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Investment Highlights

  • 5 Separate Bungalow
  • SBA Property
  • 2 Garage off alley with workshop and potential parking

Executive Summary

Located in the heart of San Diego’s vibrant Hillcrest neighborhood, 3655 6th Ave is a rare 5-unit multifamily property offering strong rental potential and historic charm. Built in 1927 and situated on a 6,313 SF lot, the building spans 2,428 square feet and features four 1-bedroom, 1-bath units and 1 2-bedroom, 1-bath. Zoned RM-3-9, this property provides value-add potential in one of San Diego’s most desirable rental markets, just steps from Balboa Park, shops, restaurants, and public transit.

Financial Summary (Pro Forma - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $194,246 $74.71
Other Income - -
Vacancy Loss - -
Effective Gross Income $194,246 $74.71
Taxes $33,723 $12.97
Operating Expenses $23,471 $9.03
Total Expenses $57,195 $22.00
Net Operating Income $137,051 $52.71

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $194,246
Annual Per SF $74.71
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $194,246
Annual Per SF $74.71
Taxes (CAD)
Annual $33,723
Annual Per SF $12.97
Operating Expenses (CAD)
Annual $23,471
Annual Per SF $9.03
Total Expenses (CAD)
Annual $57,195
Annual Per SF $22.00
Net Operating Income (CAD)
Annual $137,051
Annual Per SF $52.71

Property Facts

Price $3,365,580 CAD
Price Per Unit $673,116 CAD
Sale Type Investment
Sale Conditions
Distress Sale
  • Ground Lease (Leasehold)
  • Bulk/Portfolio Sale
  • Lease Option
  • Redevelopment Project
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.14 AC
Building Size 2,600 SF
No. Stories 1
Year Built 1927
Zoning RM 3-9 - RM 3-9 that allows residential of 1/600 sqft.. Complete Communities Housing Solutions (CCHS) FAR Tier 2:8.0 FAR

Amenities

Unit Amenities

  • Yard

Site Amenities

  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
2+1 1 - -
Walk Score®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
452-291-04
Land Assessment
$2,128,597 CAD
Improvements Assessment
$581,817 CAD
Total Assessment
$2,710,414 CAD
Annual Taxes
$33,723 CAD ($12.97 CAD/SF)
Tax Year
2025
  • Listing ID: 35918741

  • Date on Market: 2025-05-19

  • Last Updated:

  • Address: 3655-3663 6th Ave, San Diego, CA 92103

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