$2,895,000
( )
 $15,541 est/mo Sourced by Back At You

4629 Bancroft St.,San Diego, CA 92116

San Diego, CA 92116

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Description

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.

Details

MLS #260016353SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site117
Listing Provided BySouth Coast Commercial, Inc. | Mark Morgan

Features

Units8
Building(s)1
Acreage0.14

Interior

CoolingWall Window Units
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoYes

Exterior

Construction MaterialsDrywall, Stucco

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92116
Area92116 Normal Heights
Listing VS Median (in 92116)
Price:
$2,895,000
low | high
Med:
$1,114,500
100% of Average
On site:
117
low | high
Med:
106
100% of Average
Sourced by Back At You

Market Activity 92116

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Contact

Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92116
Area92116 Normal Heights
Listing VS Median (in 92116)
Price:
$2,895,000
low | high
Med:
$1,114,500
100% of Average
On site:
117
low | high
Med:
106
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.171M - $3.618M
sqft: 0 - 0
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4657 Felton St
San Diego, CA 92116
Listing Updated: October 27, 2026 at 2:36:48 PM PDT