Prime Investment Opportunity in Normal Heights – 4-Unit Luxury Fourplex with Redevelopment Potential Located in the heart of Normal Heights, this exceptional fourplex offers the perfect blend of immediate cash flow, luxury upgrades, and long-term redevelopment upside in one of San Diego’s most desirable rental submarkets. This fully remodeled property features four spacious units: Two 2-bedroom, 2-bathroom units, One 2-bedroom, 1.5-bath townhouse, and One 2-bedroom, 1-bath unit Each unit showcases designer-inspired kitchens with high-end appliances, custom flooring, fully renovated bathrooms, modern lighting, in-unit washer/dryers, mini-split AC systems, dual-pane windows, and fresh custom paint. Reserved parking is included. Four single-car garages, offering additional income potential through parking rentals or future ADU conversions (plans already approved with permits) unlocking significant redevelopment potential in a supply-constrained, high-demand area. Whether you’re seeking stable returns, value-add upside, or a long-term hold, this asset delivers. Just steps from Adams Avenue and directly across from Ward Park, residents enjoy walkable access to Antique Row, trendy restaurants, coffee shops, bars, and vibrant local culture. With proximity to Downtown, Mission Valley, SDSU, and major freeways (15, 8, 805, 163, and 5), this location consistently attracts quality tenants.
- Heating System:
- Zoned Areas
- Cooling System:
- Zoned Area(s)
- Fence:
- Full, Gate
- Utilities:
- Sewer Connected
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- NORMAL HEIGHTS
- Zipcode:
- 92116
- Street:
- 39th st
- Street Number:
- 4668
- Longitude:
- W118° 53' 19''
- Latitude:
- N32° 45' 45.7''
- Directions:
- Adams Ave to 39th st
- Mls Area Major:
- Metro Uptown
- Zoning:
- R-3
- Office Name:
- Michael Stowers
- Agent Name:
- Brian Jackel
- Building Size:
- 3377
- Community Features:
- Gated Community, Laundry Facilities
- Construction Materials:
- Stucco
- Levels:
- 2 Story
- Number Of Units Total:
- 4
- Stories Total:
- 2
- Water Source:
- Meter on Property
- List Agent Mls Id:
- 649387
- List Office Mls Id:
- 64053
- Listing Term:
- Cash,Conventional,FHA,Other/Remarks
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2025-11-08T03:51:02Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
4668 39th St, San Diego, CA 92116
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 250043568
- Price :
- $2,350,000
- View :
- Parklike
- Bedrooms :
- 8
- Bathrooms :
- 9
- Half Bathrooms :
- 3
- Year Built :
- 1985
- Status :
- Active
- Full Bathrooms :
- 6
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Rolled/Hot Mop