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Berkshire Hathaway HomeServices California Properties

4629 Bancroft St., San Diego, CA 92116

$2,895,000 Approx. USD 4,816 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Mark A Morgan
Lic#: 01339919
Broker: Courtesy of South Coast Commercial, Inc.
Phone: 619-300-9070

Listing Details

Property type: Com-Res Income (Multi-Family)

Property Sub-Type:

Status: ACTIVE

Listing ID: 260016353

Price: $2,895,000

Rental Rate: $2,895,000

Lot Size:

4,816 sqft

0.14 acres

County: San Diego

Parking type: Garages,Spaces

Construction: Fully Landscaped

Parking description: Garages,Spaces

Heating description: Wall

Last Updated: 7/7/2026

Days On Market (DOM): 26

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Lat/Long: 32.761715, -117.123626.
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Easement Present: (Easement present. For more information, contact agent.)

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Property Details

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.

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