4629 Bancroft St., San Diego, CA 92116

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
4629 Bancroft St.,San Diego, CA 92116
$2,950,000
Virtual Tour
  • 3 Beds
  • 2 Baths
  • 4,816 sq. ft.
  • Multi-family
  • Active
Listed by:mark a morgan
Office:south coast commercial, inc.
MLS#:250041554
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,950,000
  • Price per sq. ft.:$612.54

About this home

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

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Home facts

  • Listing ID #:250041554
  • Added:1 day(s) ago
  • Updated:October 14, 2025 at 01:34 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Living area:4,816 sq. ft.

Heating and cooling

  • Cooling:Wall/Window
  • Heating:Wall

Structure and exterior

  • Building area:4,816 sq. ft.

Finances and disclosures

  • Price:$2,950,000
  • Price per sq. ft.:$612.54
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