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Jim & Jennie Real Estate Group

jimandjennie.re@gmail.com +1(619) 840-2023

$1,995,000

Est. payment - /mo

6 Beds

5 Baths

6,298 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Pending

Purchase Type For Sale

Subdivision Normal Heights

MLS Listing ID 260006698

Bedrooms 6

Full Baths 5

Year Built 1925

Lot Size 6,298 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Turn-key and beautifully upgraded, this exceptional 4-unit investment opportunity in North Normal Heights offers the perfect blend of strong income, lifestyle flexibility, and long-term upside. Currently producing $129,900 per year in gross income, the property consists of four separate detached homes — a rare configuration that provides privacy, desirability, and premium tenant appeal. The front residence is a spacious 3-bedroom, 2-bath, approximately 1,200 SF home featuring in-unit laundry, off-street parking, and its own private yard, creating an ideal owner-occupant opportunity. Live comfortably in the front home while collecting approximately $80,760 annually from the three additional units, making this a compelling house-hack or portfolio addition. Each home is individually metered for gas and electric and offers dedicated off-street parking, while the rear three residences enjoy access to a thoughtfully landscaped shared backyard space. Extensive capital improvements provide peace of mind, including a new sewer line, updated plumbing, new foundations, and new roofs across all four units, with two of the homes completed as new construction in 2022. Situated in one of Metro San Diego's most sought-after neighborhoods, the property offers unbeatable proximity to the vibrant shops, restaurants, coffee houses, and nightlife along Adams Avenue, as well as easy access to major freeways and surrounding communities. This is a rare opportunity to own a low-maintenance, high-performing asset in the heart of Normal Heights with both lifestyle and investment appeal.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Cooling Central Forced Air, Zoned Area(s)

Fireplace No

Exterior

Fence Gate

View Y/N No

Roof Type Other/Remarks,Rock/Gravel

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 440-232-07-00

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://yono-pro.aryeo.com/videos/019c987b-3546-7364-b331-11b0f163bd92

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Listed by Patrick H Mercer, DRE#01964971 Keller Williams La Jolla

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Jim & Jennie Real Estate Group

+1(619) 840-2023

Broker/CEO | License ID: 01879102

Broker/CEO License ID: 01879102

4847-53 Mansfield Street San Diego, CA 92116

Jim & Jennie Real Estate Group

Key Details

Location

Interior

Exterior

Building

Others

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4847-53 Mansfield Street