$2,420,000
SOLD NOV 25, 2025
11 Beds
9 Baths
5,410 Sq Ft
-- Built

Recently Sold

$447 Per Sq Ft

3% Below List Price

55 Days on Market

About This Home

As of November 2025

We are pleased to present 3470 Monroe Ave, an 8-unit apartment complex located in the Normal Heights neighborhood of San Diego, CA. Built by Ray Huffman Construction in 1970, the subject property is comprised of a 2-story wood frame building with a concrete slab foundation. The unit mix consists of five (5) one-bedroom/ one-bath units, two (2) two-bedroom/one-bath units, and one (1) two-bedroom/two-bath unit. Remodeled unit interiors feature faux wood vinyl plank flooring, granite counter tops, stainless steel appliances, and kitchen and bathroom cabinets. The property has upgraded systems including a repaired foundation, upgraded plumbing, energy efficient lights, doors, and dual pane windows and sliders. Other attributes include onsite laundry and abundant parking for tenants with two (2) double-car garages. A landmark neon sign over Adams Avenue at Felton Street identifies the neighborhood of Normal Heights, which is a highly desirable neighborhood located between Interstates 805 and 15 bordered by Mission Valley to the North and El Cajon Boulevard to the South. Like other urban mesa neighborhoods north of Balboa Park, Normal Heights has a high rate of pedestrian activity. Several important neighborhood events take place in Normal Heights such as the Adams Avenue Street Fair, which is Southern California's largest free music festival, is typically held the last weekend in September.

Last Agent to Sell the Property

Austin Huffman

Marcus & Millichap License #01981817 Listed on: 07/11/2025

Last Buyer's Agent

Austin Huffman

Marcus & Millichap License #01981817 Listed on: 07/11/2025

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 11 Bedrooms
  • 5,410 Sq Ft Home
  • 2-Story Property

Community Details

  • 8 Units
  • Operating Expense $70,554

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 5.33
  • Co List Office Mls Id: 62951
  • Directions: No showings at this time; Please contact listing agent: Austin Ray Huffman 858.373.3122 ahuffman@ipausa.com
  • Living Area: 5410.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-11-25T23:03:34Z
  • FullAddress: 3470 Monroe Avenue
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 11

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 8
  • Annual Operating Expense: 70554.0

Range of Values:

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Value Increase
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Percent Increase
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2025 11/25/25 Sold $2,420,000 -3.2% $447 / Sq Ft
09/04/2025 09/04/25 Pending -- -- --
07/11/2025 07/11/25 For Sale $2,500,000 -- $462 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250033252

San Diego MLS

APN: 447-020-18-00