Exceptional investment opportunity in the heart of highly desirable Normal Heights. Situated on a prominent corner lot, this well-maintained four-unit property consists of (2) one-bedroom residences and (2) studio apartments, offering a diverse unit mix that appeals to a broad tenant base and supports strong rental demand. Each residence is thoughtfully designed with its own unique character, full kitchen, and washer/dryer hookups—highly desirable amenities that help attract and retain quality tenants.The upper one-bedroom residence features a spacious private balcony overlooking the neighborhood and a cozy fireplace, while the upstairs studio offers a luxurious jetted soaking tub and walk-in shower. The lower one-bedroom includes an oversized kitchen with breakfast seating and direct access to a private additional bonus room, and the downstairs studio lives larger than its square footage suggests with a separate kitchen and dedicated laundry area that can be closed off from the living space.Ideally located with excellent walkability to Ward Canyon Park, neighborhood coffee shops, grocery stores, and the popular dining destinations of both Normal Heights and Kensington, the property also enjoys convenient access to Interstate 15. Investors will appreciate the easy-maintenance, drought-tolerant landscaping, abundant street parking, and prime urban location that continues to attract strong tenant demand, making this an outstanding opportunity to own an income-producing asset in one of San Diego’s most sought-after neighborhoods.
- Swimming Pool:
- N/K
- Heating System:
- Wall/Gravity
- Cooling System:
- Other/Remarks
- Fence:
- Full
- Utilities:
- Sewer Connected
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Community:
- NORMAL HEIGHTS
- Zipcode:
- 92116
- Street:
- Madison Ave
- Street Number:
- 3935-41
- Longitude:
- W118° 53' 24.7''
- Latitude:
- N32° 45' 37.9''
- Mls Area Major:
- Metro Uptown
- Office Name:
- Melissa Goldstein Tucci
- Agent Name:
- Melissa Goldstein Tucci
- Community Features:
- Laundry Facilities
- Construction Materials:
- Wood/Stucco
- Levels:
- 2 Story
- Number Of Units Total:
- 4
- On Market Date:
- 2026-06-29
- Stories Total:
- 2
- Virtual Tour:
- https://www.propertypanorama.com/instaview/snd/260015824
- List Agent Mls Id:
- 627821
- List Office Mls Id:
- 63749
- Listing Term:
- Cash, Conventional
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2026-07-03T01:05:55Z
- Originating System Name:
- SDMLS
- Special Listing Conditions:
- N/K
Residential Income
3935-41 Madison Ave, San Diego, CA 92116
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- 260015824
- Price :
- $1,250,000
- Bedrooms :
- 2
- Bathrooms :
- 4
- Year Built :
- 1956
- Status :
- Active
- Full Bathrooms :
- 4
- Property Sub Type :
- Res Income 2-4 Units
- Roof:
- Rolled/Hot Mop