3602 Indiana Street

Offered for the first time in over 25 years this eightunit multifamily asset delivers a rare combination of immediate valueadd upside and longterm development potential in one of San Diegos most coveted rental submarkets The diversified unit mix 3 2BD1BA 1 3BD1BA 2 Studios and 2 1BD1BA 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 incomeproducing units and materially increase the propertys longterm value A generational family hold coming to market for the first time 360208 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code Hillcrest is San Diegos 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 longterm residents who choose Hillcrest for its walkability energy and unmatched quality of life University Avenue and Fifth Avenue deliver some of the citys best independent dining retail and nightlife steps from the front door making this a location that practically leases itself