Home | San Diego County | San Diego | 92116 | 4629 Bancroft St.
MLS: SD260016353 | Status: | Price: $2,895,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 6,258 | – |
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.
| Field | Value |
|---|---|
| MLS # | SD260016353 |
| MLS Source | San Diego MLS |
| Days on Site | 10 |
| Feature | Details |
|---|---|
| Flooring | Wood |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Other, Garage: Car(s) |
Mark Morgan
South Coast Commercial, Inc.
License #: 01339919
Phone: (619) 300-9070
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 8 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $9,580 | – |
| 2 | – | – | 0/0 | – | $6,900 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Adams Elementary School | public | K-5 | 0.28 mi | 7 |
| Normal Heights Elementary School | public | K-5 | 0.61 mi | 5 |
| Garfield Elementary School | public | K-5 | 0.69 mi | 7 |
| Edison Elementary School | public | K-5 | 0.82 mi | 7 |
| Wilson Middle School | public | 6-8 | 0.91 mi | 3 |
| San Diego Adult | public | UG | 0.91 mi | N/A |
| Central Elementary School | public | K-5 | 0.94 mi | 4 |
| Alba School | public | 1,2,3,4,5,6,7,8,9,10,11,12 | 0.99 mi | 1 |
| Jefferson Elementary School | public | K-5 | 1.10 mi | 7 |
| Franklin Elementary School | public | K-5 | 1.20 mi | 5 |
| Cherokee Point Elementary School | public | K-5 | 1.23 mi | 3 |
| Trace School | public | 9-12 | 1.24 mi | N/A |
| Birney Elementary School | public | K-5 | 1.50 mi | 10 |
| Home & Hosp/Transition Support | public | K-12 | 1.52 mi | N/A |
| Hoover High School | public | 9-12 | 1.53 mi | 4 |
| McKinley Elementary School | public | K-5 | 1.73 mi | 10 |
| Rosa Parks Elementary School | public | K-5 | 1.83 mi | 4 |
| Joyner Elementary School | public | K-5 | 1.86 mi | 4 |
| Nipaquay Elementary | public | K-5 | 1.88 mi | 6 |
| Euclid Elementary School | public | K-5 | 1.91 mi | 8 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 3533 6th Ave | $3,195,000 | – | – | – | |
| 4143 Hamilton | $2,750,000 | – | – | – | |
| 3602-08 Indiana Street | $3,150,000 | – | – | – | |
| 1913-27 Georgia Ct | $3,250,000 | – | – | – | |
| 4151 35th | $2,820,000 | – | – | – |
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This listing information is up-to-date as of July 06, 2026. For the most current information, please contact Mark Morgan, (619) 300-9070.