$2,895,000

Residential Income In San Diego

  • 11 Beds
  • 8 Baths
  • 4,816 Sqft
  • 6,099 Sqft lot
  • Updated: July 7
  • Source:
    San Diego MLS  MLS#260016353

About the Property

8 Pride of Ownership Normal Heights units just 1/2 block south of Adams Avenue. 6 of the 8 units have been fully renovated featuring: granite countertops, new kitchen and bath cabinets, new tile showers, stainless steel refrigerators-dishwashers-microwaves-stoves, wood laminate floors, dual pane windows, etc. The property features: two 2-car garages, 5 open parking spaces, secured gated access, ow
8 Pride of Ownership Normal Heights units just 1/2 block south of Adams Avenue. 6 of the 8 units have been fully renovated featuring: granite countertops, new kitchen and bath cabinets, new tile showers, stainless steel refrigerators-dishwashers-microwaves-stoves, wood laminate floors, dual pane windows, etc. The property features: two 2-car garages, 5 open parking spaces, secured gated access, owned cashless laundry room (also renovated), new main electric panel, new 50-year roof (2016), new exterior paint (2023), zero scape landscaping, and completed balcony inspection (2025). Building was re-piped in 2015 and tented for termites in 2021. The 2 non-renovated units are in great condition and also have wood laminate flooring. There is significant potential for increased cash flow, as current rents are 12% to 15% below market rates. Investors have the option to further maximize returns by either converting the two double garages into Accessory Dwelling Units (ADUs) or charging tenants for garage usage.
  • Property type

    Other

  • Floors

    2

  • Price/sqft

    $601

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4629 Bancroft St., San Diego, California, United States View on Google Maps
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South Coast Commercial, Inc. - San Diego

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South Coast Commercial, Inc. - San Diego
California, United States
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13
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2025
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South Coast Commercial, Inc. - San Diego
San Diego, California, United States
View agency profile
Last updated
July 7
First listed
Jul 7
Listing reference
260016353
Listing status
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