40
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$2,350,000
Est. payment /mo
4,342 Sqft Lot
New
4668 39th st San Diego, CA 92116
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 250043568SD
HOA Y/N No
Year Built 1985
Lot Size 4,342 Sqft
Property Description
Prime Investment Opportunity in Normal Heights – 4-Unit Luxury Fourplex with Redevelopment Potential Located in the heart of Normal Heights, this exceptional fourplex offers the perfect blend of immediate cash flow, luxury upgrades, and long-term redevelopment upside in one of San Diego's most desirable rental submarkets. This fully remodeled property features four spacious units: Two 2-bedroom, 2-bathroom units, One 2-bedroom, 1.5-bath townhouse, and One 2-bedroom, 1-bath unit Each unit showcases designer-inspired kitchens with high-end appliances, custom flooring, fully renovated bathrooms, modern lighting, in-unit washer/dryers, mini-split AC systems, dual-pane windows, and fresh custom paint. Reserved parking is included. Four single-car garages, offering additional income potential through parking rentals or future ADU conversions (plans already approved with permits) unlocking significant redevelopment potential in a supply-constrained, high-demand area. Whether you're seeking stable returns, value-add upside, or a long-term hold, this asset delivers. Just steps from Adams Avenue and directly across from Ward Park, residents enjoy walkable access to Antique Row, trendy restaurants, coffee shops, bars, and vibrant local culture. With proximity to Downtown, Mission Valley, SDSU, and major freeways (15, 8, 805, 163, and 5), this location consistently attracts quality tenants.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Building/Complex Name 4668 39th
Zoning R-3
Interior
Heating Electric, Zoned
Cooling Zoned
Fireplace No
Appliance Gas Water Heater, Tankless Water Heater
Exterior
View Y/N Yes
Roof Type Rolled/Hot Mop
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4405920800
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Listed by Brian Jackel Michael Stowers
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