Mission Hills Properties between $3,000,000 and $4,000,000 for Sale

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Newest Mission Hills Properties between $3,000,000 and $4,000,000 for Sale

$3,500,000

5 Beds ⋅ 4 Baths ⋅ 260018207 MLS ⋅ ACTIVE Status

A Rare Mission Hills Treasure – First Time on the Market in Nearly 40 Years Steeped in history, timeless elegance, and undeniable charm, this extraordinary 1928 Spanish Revival home is being offered for sale for the first time in nearly four decades. Nestled in the heart of Mission Hills—one of San Diego’s most coveted historic neighborhoods—this remarkable residence presents a once-in-a-generation opportunity to own a true architectural gem. From the moment you arrive, you’ll be captivated by the home’s classic Spanish character. Rich architectural details, graceful archways, handcrafted accents, and original craftsmanship reflect an era when homes were built with artistry, quality, and enduring beauty in mind. Every room tells a story, blending historic charm with warmth and sophistication. Lovingly cared for by the same family for almost 40 years, this residence has been a place where memories were made and traditions were cherished. Its thoughtful layout offers inviting living spaces filled with natural light, creating an atmosphere that is both elegant and welcoming. Whether you’re entertaining guests or enjoying a quiet evening at home, this timeless property provides the perfect setting. Situated in the prestigious Mission Hills community, you’ll enjoy tree-lined streets, stunning architecture, and close proximity to San Diego’s finest dining, shopping, parks, and cultural attractions. The neighborhood’s rich history and unmatched charm make it one of the city’s most desirable places.

2454 Presidio Dr, Mission Hills

$3,795,000

15 Beds ⋅ 9 Baths ⋅ 260016439 MLS ⋅ ACTIVE Status

4080 Georgia Street presents the rare opportunity to acquire a well-maintained 9-unit apartment community in the heart of Hillcrest, one of San Diego’s most dynamic and consistently desirable rental markets. Constructed in 1987, the property features an attractive unit mix of six one-bedroom/one-bathroom apartments and three spacious three-bedroom/one-bathroom apartments, offering broad appeal to a diverse tenant base. The property has been exceptionally cared for and includes numerous amenities that enhance tenant satisfaction, including gated entry, on-site laundry facilities, ample off-street parking with one dedicated space per unit, and two oversized two-car garages that provide additional parking, storage, or potential supplemental income. Importantly, the Seller has implemented a strong RUBS (Ratio Utility Billing) System, allowing for reimbursement of most utilities and contract services, improving operational efficiency and supporting more predictable net operating income. Built in 1987, the property benefits from relatively newer construction compared to much of the surrounding inventory, resulting in modern building systems and mechanical components with significant remaining service life. Combined with its excellent physical condition, this translates into lower anticipated maintenance and capital expenditures for future ownership. From an investment perspective, the property offers an outstanding opportunity to increase revenue through moderate rental adjustments while maintaining strong occupancy in one of San Diego’s most supply-constrained neighborhoods.

4080 Georgia St, Mission Hills

$3,200,000

8 Beds ⋅ 11 Baths ⋅ 260015306 MLS ⋅ ACTIVE Status

Prime investment opportunity! High-quality, turn-key 4-plex perfectly situated on the desirable Hillcrest side of University Heights. You walk to the best Hillcrest has to offer, steps to the Pride/Normal Street Promenade! This exceptional property is a true investment jewel, featuring a luxury triplex constructed new in 2020 alongside a completely and beautifully rehabilitated classic Craftsman bungalow.The entire property is lushly and professionally landscaped, offering fantastic curb appeal. The 3 modern triplex units are bright, sunny, and spacious, each boasting a thoughtful 2-bedroom, 2.5-bathroom floor plan. These units feature high-end designer kitchens and baths, central forced air conditioning, and full-sized in-unit laundry for maximum tenant comfort. For ultimate convenience and security, an automatic gate accessible via the alley opens to a large, secure parking area providing access to 3 two-car garages. Each triplex unit enjoys a private interior entrance directly from its garage. In total, the property features 7 off-street parking spaces—an incredibly valuable asset in this high-demand, growing neighborhood. The charming detached front Craftsman house is a character-rich 2-bedroom, 2-bathroom home that includes one dedicated parking space. Financial information is 2025 actual income and expenses. Additional income includes a consistent utility water and trash pass-through program. Unit 1 will be readily available for showings for the next two weeks only. Don't miss out on this pristine, low-maintenance asset in one of San Diego’s best rental markets!

4250-52 Cleveland St, Mission Hills

$3,500,000

5 Beds ⋅ 6 Baths ⋅ 260014030 MLS ⋅ ACTIVE Status

Exquisite 1912 Historic Craftsman estate in the heart of Bankers Hill, just minutes from Balboa Park, the San Diego Zoo, Downtown, and Little Italy. Designated under the Mills Act, this remarkable property offers substantial property tax savings while preserving a piece of San Diego history. With 3,801 sq. ft. of living space, this home has been meticulously restored and maintained, showcasing timeless elegance and extraordinary craftsmanship, including original redwood framing, hardwood floors, pocket doors, coffered ceilings, custom built-ins, and intricate woodwork. The main home features 6 bedrooms with city and bay views from the attic suite, 5 bathrooms, and a finished basement complete with a wine cellar. Adding exceptional flexibility, the pool house has been thoughtfully designed complete with a bathroom, and sauna—ideal as a private guest retreat, multigenerational living space, or additional rental potential. Whether you’re seeking a distinctive primary residence, or a unique investment opportunity, this extraordinary estate offers a rare blend of historic charm, flexibility, and an unbeatable location. With both the historic residence and pool house contributing to its earning potential, this is more than a home—it is a legacy property waiting for its next chapter.

3315 2nd Ave, Mission Hills

$3,150,000

11 Beds ⋅ 8 Baths ⋅ 260012514 MLS ⋅ ACTIVE Status

Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself. Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself.

3602-08 Indiana St, Mission Hills

$3,695,000

260009706 MLS ⋅ ACTIVE Status

Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities — all set on an elevated lot that enhances privacy and street presence. Large Lot! UNIT MIX -- One Large (3) Bedroom/2 bath, 3 (2) bedroom/1 bath and 6 (1) Bedrooms/One Bath and One Studio-See Brochure

2901-2921 Columbia, Mission Hills

$3,250,000

8 Beds ⋅ 4 Baths ⋅ 260007304 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

801-807 Torrance St, Mission Hills

$3,500,000

36 Beds ⋅ 36 Baths ⋅ 250030453 MLS ⋅ ACTIVE Status

Prime commercial opportunity in the heart of Hillcrest/University Heights. 4033-37 Park Blvd is a well-maintained 6 unit apartment offering strong street frontage and excellent visibility along a high-traffic corridor. Located in a vibrant, walkable neighborhood with consistent demand and close proximity to restaurants, residential developments, and public transportation. Zoned for commercial use with potential for rental income growth or future redevelopment. Convenient access to I-163, I-8, and Downtown San Diego. A rare investment opportunity in one of San Diego’s most active urban markets. Do not disturb tenants. Drive by only.

4033-37 Park, Mission Hills

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