Welcome to Sun Villas, a well-located 8-unit asset in the heart of Normal Heights with a Walk Score of 92, offering walkable access to Adams Avenue, the cultural energy of North Park, and the charm of neighboring Kensington. One of San Diego’s most resilient submarkets, the area consistently attracts long-term tenants, supporting strong rent durability and low vacancy. The current in-place cap rate supports pricing based on existing cash flow and recent comparable sales on a price-per-unit basis. The property features a rare and highly functional unit mix of (6) 2-bedroom units and (2) 1-bedroom units—an uncommon configuration in the 92116 submarket—along with on-site laundry and 8 parking spaces, a scarce and highly desirable amenity in San Diego. Combined with efficient layouts, thoughtful improvements to most units, and rents positioned just below nearby comparables, Sun Villas offers a stable, defensible income profile with organic upside and long-term hold appeal.
- Heating System:
- Wall
- Parking:
- Spaces
- Flooring:
- Slab
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Zipcode:
- 92116
- Street:
- 33rd St
- Street Number:
- 4580
- Longitude:
- W118° 52' 36.4''
- Latitude:
- N32° 45' 38.6''
- Mls Area Major:
- Metro Uptown
- Office Name:
- ACI Apartments
- Agent Name:
- Christina M Labowicz
- Building Size:
- 5414
- Construction Materials:
- Metal Fence
- Levels:
- 2 Story
- Number Of Units Total:
- 8
- On Market Date:
- 2026-01-22
- Stories:
- 2
- List Agent Mls Id:
- 681614
- List Office Mls Id:
- 993356
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-01-22T19:05:34Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
4580 33rd St, San Diego, CA 92116
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260001643
- Price :
- $2,595,000
- Bedrooms :
- 3
- Bathrooms :
- 2
- Square Footage :
- 5,414
- Status :
- Active
- Property Sub Type :
- Com-Res Income
