Madison Ave, San Diego, CA 92116
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by: peter l giacalone, katy sullivan
Office: eng properties
MLS#:250035095
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,700,000
- Price per sq. ft.:$510.2
About this home
Exceptional 8-unit multifamily opportunity in the heart of Normal Heights — one of San Diego’s most walkable and vibrant neighborhoods. This well-maintained property features eight 1-bedroom, 1-bath units, each offering comfortable layouts and consistent tenant demand. Residents enjoy convenient access to the 805, 8, and 15 freeways, along with a dynamic mix of nearby cafes, restaurants, and entertainment options. The property is fully landscaped and includes 8 off-street parking spaces — a rare and valuable amenity in this high-density area. With stable occupancy and significant upside in rental income, investors have a clear path to increased cash flow through strategic rent adjustments and the implementation of RUBS (Ratio Utility Billing System) for utilities such as water and trash. This is a strong value-add opportunity in a core San Diego submarket, ideal for investors seeking long-term growth and operational efficiency.
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Home facts
- Listing ID #:250035095
- Added:151 day(s) ago
- Updated:December 31, 2025 at 03:02 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Living area:5,292 sq. ft.
Heating and cooling
- Heating:Wall
Structure and exterior
- Roof:Composition
- Building area:5,292 sq. ft.
Finances and disclosures
- Price:$2,700,000
- Price per sq. ft.:$510.2
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