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For SaleLuxury

$2,895,000

6,260 sqft$462/sqft124 days on market

4629 Bancroft St. St

San Diego, CA 92116

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

6,260

Square feet

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Built

Listing narrative

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 agent (MLS): Mark Morgan · Listing brokerage (MLS): South Coast Commercial, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$2,895,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

6,260 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

Year n/a

Status

For Sale

Days on Market

124

$ / Sqft

$462

· 8% down, 7% APR, 30yr fixed
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Courtesy of South Coast Commercial, Inc.