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Residential Income for sale : 8 bedrooms : 4668 39th st in San Diego

4668 39th st San Diego

Main Photo: Residential Income for sale : 8 bedrooms : 4668 39th st in San Diegobanner
$2,350,000
Prop. Type:
Residential Income
MLS® Num:
250043568
Status:
Active
Bedrooms:
8
Bathrooms:
9
Year Built:
1985
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.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
North Park
Name of Complex/Subdivision:
NORMAL HEIGHTS
Building Name:
4668 39th
Total Building Area:
Switch units of measure3,377 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
8
Bathrooms:
9
Full Bathrooms:
6
Half Bathrooms:
3
Stories:
2 Story
Total Stories:
2
Year Built:
1985
Age (in years):
Switch units of measure40 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, Other/Remarks
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:
4
Tenant pays:
Electricity, Hot Water
Unit Number for Unit 1:
#1
Unit Number for Unit 2:
#2
Unit Number for Unit 3:
#3
Unit Number for Unit 4:
#4
Projected Rent for Unit 1:
$3,450
Projected Rent for Unit 2:
$3,150
Projected Rent for Unit 3:
$3,150
Projected Rent for Unit 4:
$2,950
Adams Ave to 39th st
View:
Parklike
Complex Features:
Gated Community, Laundry Facilities
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure4,356 sq. ft.
Parcel Number:
440-592-08-00
Heating:
Zoned Areas
Heating fuel:
Electric
Cooling:
Zoned Area(s)
Utilities:
Sewer Connected
Roof:
Rolled/Hot Mop
Security:
N/K
Water supply:
Meter on Property
Pets Allowed:
Yes
Zoning:
R-3
Fencing:
Full, Gate
Jurisdiction:
Incorporated
Listed by Michael Stowers
Data was last updated November 15, 2025 at 09:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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