Seller's Agent in 2025
Benn Vogelsang
NorthMarq Multifamily
(415) 250-4947
6 in this area
101 Total Sales
4639 Iowa St San Diego, CA 92116
Normal Heights Neighborhood
5
Beds
4
Baths
5,326
Sq Ft
6,098
Sq Ft Lot
About This Home
As of November 20254639 Iowa Street is a fantastic value-add investment that offers an investor 15% upside in rents in the rapidly accelerating rental market of Normal Heights. The 5,326 square foot structure built in 1972 is situated on a 6,162 square foot lot just a half block from Adams Avenue. The property features one 2 Bedroom / 2 Bath, two 2 Bedroom / 1 Bath, and five 1 Bedroom / 1 Bath units, each with large floorplans. Ownership has made improvements to the units upon turnover and the roof was redone in 2025 along with exterior paint. In addition, the property offers a common laundry space with a washer/dryer and 2 double garages. Please do not walk on the property or disturb tenants.
Last Agent to Sell the Property
NorthMarq Multifamily License #01883437 Listed on: 10/20/2025
Property Details
Home Type
- Multi-Family
Lot Details
- 6,162 Sq Ft Lot
Parking
- 8 Parking Spaces
Home Design
Interior Spaces
- 5 Bedrooms
- 5,326 Sq Ft Home
- 2-Story Property
Listing and Financial Details
- Total Actual Rent $17,255
Community Details
Overview
- 8 Units
Building Details
- 8 Leased Units
- Operating Expense $77,298
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Sold | $2,325,000 | -7.0% | $437 / Sq Ft |
| 10/30/2025 10/30/25 | Pending | -- | -- | -- |
| 10/28/2025 10/28/25 | For Sale | $2,500,000 | 0.0% | $469 / Sq Ft |
| 10/23/2025 10/23/25 | Pending | -- | -- | -- |
| 10/20/2025 10/20/25 | For Sale | $2,500,000 | -- | $469 / Sq Ft |
Source: San Diego MLS
Tax History
| 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 | $22,792 | $1,888,152 | $941,116 | $947,036 |
| 2024 | $22,792 | $1,851,130 | $922,663 | $928,467 |
| 2023 | $22,287 | $1,814,834 | $904,572 | $910,262 |
| 2022 | $21,693 | $1,779,250 | $886,836 | $892,414 |
| 2021 | $21,545 | $1,744,364 | $869,448 | $874,916 |
| 2020 | $21,284 | $1,726,478 | $860,533 | $865,945 |
| 2019 | $20,904 | $1,692,626 | $843,660 | $848,966 |
| 2018 | $19,542 | $1,659,438 | $827,118 | $832,320 |
| 2017 | $19,076 | $1,626,900 | $810,900 | $816,000 |
| 2016 | $18,771 | $1,595,000 | $795,000 | $800,000 |
| 2015 | $13,527 | $1,148,192 | $579,895 | $568,297 |
| 2014 | $11,833 | $1,000,000 | $504,000 | $496,000 |
Source: Public Records
Agents Affiliated with this Home
-
Benn Vogelsang
Map
Source: San Diego MLS
MLS Number: 250042275
APN: 439-420-29-00
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