4629 Bancroft St San Diego, CA 92116
Normal Heights NeighborhoodEstimated payment $16,612/month
Highlights
- Wood Flooring
- Landscaped
- 9 Car Garage
About This Home
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
Home Type
- Multi-Family
Lot Details
- 6,258 Sq Ft Lot
- Landscaped
Home Design
Interior Spaces
- 11 Bedrooms
- 4,816 Sq Ft Home
- 2-Story Property
- Wood Flooring
Parking
- 9 Car Garage
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
Overview
- 8 Units
Building Details
- 8 Leased Units
- Operating Expense $66,294
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,807 | $1,058,880 | $448,405 | $610,475 |
| 2024 | $12,807 | $1,038,118 | $439,613 | $598,505 |
| 2023 | $12,522 | $1,017,764 | $430,994 | $586,770 |
| 2022 | $12,188 | $997,809 | $422,544 | $575,265 |
| 2021 | $12,105 | $978,245 | $414,259 | $563,986 |
| 2020 | $11,959 | $968,216 | $410,012 | $558,204 |
| 2019 | $11,746 | $949,232 | $401,973 | $547,259 |
| 2018 | $10,981 | $930,621 | $394,092 | $536,529 |
| 2017 | $10,719 | $912,374 | $386,365 | $526,009 |
| 2016 | $10,545 | $894,486 | $378,790 | $515,696 |
| 2015 | $10,389 | $881,051 | $373,101 | $507,950 |
| 2014 | $10,227 | $863,793 | $365,793 | $498,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/06/2026 07/06/26 | For Sale | $2,895,000 | -- | $601 / Sq Ft |
Source: San Diego MLS
MLS Number: 260016353
APN: 439-432-24-00
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