$2,895,000
For Sale by Owner $601/sq ft
Listed 23 days ago

11BR Multi-Family for Sale in San Diego, CA

4629 Bancroft St, San Diego, CA 92116
11 Beds
8 Bath
4,816 sq ft
PropSlick Verified Data Key facts & insights for this exact address
$601
Price / sq ft
$13,312
Property Tax / yr
6,258 sf
Lot Size
San Diego
County

Key Facts

Property TypeMulti-Family
Square Footage4,816 sq ft
Lot Size6,258 sq ft
Annual Property Tax$13,312
Price / SqFt$601

Property Description

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.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating
Washer/Dryer
Dishwasher
Balcony/Deck

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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