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Residential Income for sale : 2 bedrooms : 3935-41 Madison Ave in San Diego

3935-41 Madison Ave San Diego

Main Photo: Residential Income for sale : 2 bedrooms : 3935-41 Madison Ave in San Diegobanner
$1,250,000
Prop. Type:
Residential Income
MLS® Num:
260015824
Status:
Active
Bedrooms:
2
Bathrooms:
4
Year Built:
1956
Exceptional investment opportunity in the heart of highly desirable Normal Heights. Situated on a prominent corner lot, this well-maintained four-unit property consists of (2) one-bedroom residences and (2) studio apartments, offering a diverse unit mix that appeals to a broad tenant base and supports strong rental demand. Each residence is thoughtfully designed with its own unique character, full kitchen, and washer/dryer hookups—highly desirable amenities that help attract and retain quality tenants.The upper one-bedroom residence features a spacious private balcony overlooking the neighborhood and a cozy fireplace, while the upstairs studio offers a luxurious jetted soaking tub and walk-in shower. The lower one-bedroom includes an oversized kitchen with breakfast seating and direct access to a private additional bonus room, and the downstairs studio lives larger than its square footage suggests with a separate kitchen and dedicated laundry area that can be closed off from the living space.Ideally located with excellent walkability to Ward Canyon Park, neighborhood coffee shops, grocery stores, and the popular dining destinations of both Normal Heights and Kensington, the property also enjoys convenient access to Interstate 15. Investors will appreciate the easy-maintenance, drought-tolerant landscaping, abundant street parking, and prime urban location that continues to attract strong tenant demand, making this an outstanding opportunity to own an income-producing asset in one of San Diego's most sought-after neighborhoods.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Normal Heights
Name of Complex/Subdivision:
NORMAL HEIGHTS
Building Name:
3935-3941 Madison Ave
Total Building Area:
Switch units of measure0 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
2
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
1956
Age (in years):
Switch units of measure70 year(s)
Short Sale:
false
Home Owner Fees:
$0
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional
Cap Rate.:
0.0
Gross scheduled income:
0.0
Other income actual:
0
Operating expense:
0.0
Gross Rent Multiplier:
0.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Sewer, Water, Cable TV, Electricity
Unit Number for Unit 1:
3935
Unit Number for Unit 2:
3937
Unit Number for Unit 3:
3939
Unit Number for Unit 4:
3941
Projected Rent for Unit 1:
$2,350
Projected Rent for Unit 2:
$2,050
Projected Rent for Unit 3:
$2,350
Projected Rent for Unit 4:
$2,050
Site Influences:
Corner Lot, Curbs, Irregular Lot, Public Street, Sidewalks, Street Paved
Complex Features:
Laundry Facilities
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Wood/Stucco
Lot Size:
Switch units of measure2,614 sq. ft.
Parcel Number:
447-062-28-00
Heating:
Wall/Gravity
Heating fuel:
Natural Gas
Cooling:
Other/Remarks
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Rolled/Hot Mop
Security:
N/K
Fencing:
Full
Possession Details:
Call Listing Agent
Listed by Melissa Goldstein Tucci
Data was last updated July 10, 2026 at 01:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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