8 Pride of Ownership Normal Heights units just 1/2 block south of Adams Avenue. 6 of the 8 units have been fully renovated featuring: granite countertops, new kitchen and bath cabinets, new tile showers, stainless steel refrigerators-dishwashers-microwaves-stoves, wood laminate floors, dual pane windows, etc. The property features: two 2-car garages, 5 open parking spaces, secured gated access, owned cashless laundry room (also renovated), new main electric panel, new 50-year roof (2016), new exterior paint (2023), zero scape landscaping, and completed balcony inspection (2025). Building was re-piped in 2015 and tented for termites in 2021. The 2 non-renovated units are in great condition and also have wood laminate flooring. There is significant potential for increased cash flow, as current rents are 12% to 15% below market rates. Investors have the option to further maximize returns by either converting the two double garages into Accessory Dwelling Units (ADUs) or charging tenants for garage usage.
MLS #
SD250041554
MLS Source
San Diego MLS
Days on Site
22
Flooring
Wood
Cooling
Window/Wall Unit
Heating
Wall Furnace
Garage/Parking
Garage, Other, Garage: Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $9,325 | – |
| 2 | – | – | 0/0 | – | $6,549 | – |
4629 Bancroft St. is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 6,258 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,950,000 and was built in –. This address can also be written as 4629 Bancroft St., San Diego, CA 92116.
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This listing information is up-to-date as of October 22, 2025. For the most current information, please contact Mark Morgan, (619) 300-9070