1915-1921 4th Ave

Drive by only, please contact Le Investment Group for the full offering memorandum.
Bankers Hill is a prime investment and redevelopment opportunity, driven by dynamic growth and high demand. With median home values at $1.2M (+10% YoY), median sale prices are (+12% YoY), and average rents of $3,432, the neighborhood boasts a strong real estate and rental market. Population and job growth in San Diego continue to fuel housing demand. Exciting developments include the Quince Apartments (262 units with luxury amenities) and 411 Ivy Street (nearly 200 new units). Medical growth, like UCSD Health's new clinic and a planned $40M health center with senior housing, enhances the area's appeal. Redevelopment options range from luxury condominiums and mixed-use projects to affordable housing leveraging density bonuses. With proximity to downtown, Balboa Park, and a growing medical district, Bankers Hill offers historic charm, modern living, and significant appreciation potential for investors.
Located at 1915-1921 4th Avenue, this rare multifamily property in the highly desirable Bankers Hill neighborhood of San Diego is hitting the market for the first time in over 25 years. This property features 11 units, including 2 studios, 7 one-bedroom units, and 2 two-bedroom units, offering a versatile mix ideal for renters. Situated on a hill, the property provides stunning panoramic views of downtown San Diego and the Bay, enhancing its appeal.
Bankers Hill is known for its charming blend of historic Victorian and Craftsman architecture alongside modern amenities. Residents enjoy proximity to Balboa Park, vibrant dining, cultural attractions, and major employment hubs, including the UCSD Medical District and downtown. With significant redevelopment potential, this property offers opportunities for upgrades to luxury condominiums, mixed-use projects, or higher-density multifamily housing leveraging San Diego's density bonus programs. This property is an excellent investment in a dynamic, high-demand market.