For Sale Property MLS# 260016353SD

4629 Bancroft St.

San Diego, CA 92116

$2,895,000

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About 4629 Bancroft St.

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.

Property details

Property

Type
other
Lot
0.1437 ac
List date
Jul 6, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
Normal Heights
Neighborhood
Normal Heights

Location

Neighborhood
Normal Heights
School district
San Diego City Unified School District

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Listed by Mark Morgan, South Coast Commercial, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.