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Residential Income for sale : 6 bedrooms : 4847-53 Mansfield Street in San Diego

4847-53 Mansfield Street San Diego

Main Photo: Residential Income for sale : 6 bedrooms : 4847-53 Mansfield Street in San Diegobanner
$2,095,000
Prop. Type:
Residential Income
MLS® Num:
260003585
Status:
Active
Bedrooms:
6
Bathrooms:
5
Year Built:
1925
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
4
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Normal Heights
Name of Complex/Subdivision:
NORMAL HEIGHTS
Building Name:
Mansfield St
Total Building Area:
Switch units of measure2,900 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
6
Bathrooms:
5
Full Bathrooms:
5
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
1925
Age (in years):
Switch units of measure101 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Other Fee Type:
N/K
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
5.0
Gross scheduled income:
129900.0
Other income actual:
0
Operating expense:
38970.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
Cable TV, Electricity, Gas/Propane
Projected Rent for Unit 1:
$2,100
Projected Rent for Unit 2:
$2,900
Projected Rent for Unit 3:
$4,500
Projected Rent for Unit 4:
$2,100
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
440-232-07-00
Cooling:
Central Forced Air, Zoned Area(s)
Pool Features:
N/K
Roof:
Other/Remarks, Rock/Gravel
Security:
N/K
Fencing:
Gate
Listed by Keller Williams La Jolla
Data was last updated February 27, 2026 at 05:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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