We are pleased to present for the first on market in over 50 years 3422-24 Albert Street, a well-positioned multifamily investment opportunity located in the highly desirable submarket of Hillcrest. Originally constructed in 1939, the property offers classic architectural character combined with long-term rental appeal, providing investors with an opportunity to acquire a value-add asset in a premier urban location. The 1,668-square-foot property consists of two residential units, offering an efficient unit mix that caters to strong renter demand in the surrounding market. With a functional layout, established tenancy, and attractive neighborhood fundamentals, the property provides investors with an opportunity to enhance value through strategic ownership and operational improvements. Situated on a 7,105 SF lot, the property offers significant potential for ADUs to further increase density and cash flow. Located in San Diego’s 92103 zip code, 3422-24 Albert Street sits in the highly walkable Hillcrest area, one of the city’s most established and amenity-rich urban neighborhoods. Residents are within easy reach of the Hillcrest business district, with its dense mix of dining, coffee shops, grocery, and everyday retail, as well as the cultural and recreational draw of nearby Balboa Park. The location offers quick access to Downtown San Diego and major employment centers, supported by convenient freeway connectivity via SR-163 and Interstate 5. This combination of a mature, pedestrian-friendly residential setting, strong neighborhood amenities, and central access to jobs and

Listed by Ben Sierpina of Marcus & Millichap (858) 775-9825



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS®.

Last checked 2026