3525-49 Indiana, San Diego CA 92103 | $18,000,000

  • 5 bedrooms
  • 5 bathrooms
  • 26125 Sq Ft
  • 24038 Lot Sq Ft
  • Type: ResidentialIncome
  • Stories: 5
  • Year Built:
  • MLS#: 250042641
  • Community:

Listing provided courtesy of Brendan Flynn of South Coast Commercial, Inc.. Last updated . Listing information © 2025 SANDICOR.

Karen and Nicole​

Office: 858-459-4300

Karen Phone: 858-229-7773

Nicole Phone: 310-339-0083

The Indiana is a rare opportunity to have long term positive leverage for class A product and Class A location. Offered in conjunction with this asset is an Assumable HUD Loan fixed at 2.5% through 2057! Built to keep, The Indiana is a 23 Unit complex located in San Diego's Hillcrest neighborhood. The property features a unit mix of oversized 1- & 2-bedrooms in the form of cottages and townhomes. The interior amenities include but are not limited to: wood flooring, cabinetry, counters, fixtures and appliances as well as in-unit Washer/Dryers. Many of the units have sizable balconies. The ultra high end construction and interior finishes will ensure low maintenance/management for the long term. Hillcrest is one of the strongest rental markets in San Diego County with very little vacancy and continued rental growth projected.

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