$2,350,000

Estimated payment $14,712/month

Total Views 28
8 Beds
9 Baths
3,377 Sq Ft
$696 Price per Sq Ft

Highlights

  • Gated Community
  • Zoned Heating and Cooling
  • Gated Home
  • Park or Greenbelt View
  • Laundry Facilities
  • 1-minute walk to Ward Canyon Neighborhood Park

About This Home

Prime Investment Opportunity in Normal Heights – 4-Unit Luxury Fourplex with Redevelopment Potential Located in the heart of Normal Heights, this exceptional fourplex offers the perfect blend of immediate cash flow, luxury upgrades, and long-term redevelopment upside in one of San Diego’s most desirable rental submarkets. This fully remodeled property features four spacious units: Two 2-bedroom, 2-bathroom units, One 2-bedroom, 1.5-bath townhouse, and One 2-bedroom, 1-bath unit Each unit showcases designer-inspired kitchens with high-end appliances, custom flooring, fully renovated bathrooms, modern lighting, in-unit washer/dryers, mini-split AC systems, dual-pane windows, and fresh custom paint. Reserved parking is included. Four single-car garages, offering additional income potential through parking rentals or future ADU conversions (plans already approved with permits) unlocking significant redevelopment potential in a supply-constrained, high-demand area. Whether you're seeking stable returns, value-add upside, or a long-term hold, this asset delivers. Just steps from Adams Avenue and directly across from Ward Park, residents enjoy walkable access to Antique Row, trendy restaurants, coffee shops, bars, and vibrant local culture. With proximity to Downtown, Mission Valley, SDSU, and major freeways (15, 8, 805, 163, and 5), this location consistently attracts quality tenants.

Listing Agent

Brian Jackel

Michael Stowers License #01858355 Listed on: 11/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 4,345 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 8 Bedrooms
  • 3,377 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views

Utilities

  • Zoned Heating and Cooling

Community Details

Overview

  • 4 Units
  • 4668 39Th Community
  • Normal Heights Subdivision

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1985
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Community Features: Gated Community, Laundry Facilities
  • Security Features: N/K
  • Co List Office Mls Id: 64053
  • Subdivision Name: NORMAL HEIGHTS
  • Directions: Adams Ave to 39th st
  • BuildingName: 4668 39th
  • AgeRestrictions: N/K
  • ShortSale: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 8

Exterior Features

  • Fencing: Full, Gate
  • Roof: Rolled/Hot Mop
  • View: Parklike
  • Construction Type: Stucco

Utilities

  • Cooling: Zoned Area(s)
  • Heating: Zoned Areas
  • Utilities: Sewer Connected
  • Water Source: Meter on Property
  • HeatSource: Electric

Condo/Co-op/Association

  • Pets Allowed: Yes

Lot Info

  • Zoning: R-3
  • Lot Size Sq Ft: 4345.0

Rental Info

  • Tenant Pays: Electricity, Hot Water

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 4

Map

Range of Values:

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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 Prior Sale
11/06/2025 11/06/25 For Sale $2,350,000 +56.7% $696 / Sq Ft
07/11/2025 07/11/25 Sold $1,500,000 -20.0% -- View Prior Sale
04/03/2025 04/03/25 For Sale $1,875,000 0.0% --
03/16/2025 03/16/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $1,875,000 -- --
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250043568

San Diego MLS

APN: 440-592-08-00