$1,500,000
SOLD JUL 11, 2025

4668 39th St San Diego, CA 92116

Normal Heights Neighborhood
7 Beds
7 Baths
-- Sq Ft
4,356 Sq Ft Lot

Recently Sold

20% Below List Price

1 Day on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 1-minute walk to Ward Canyon Neighborhood Park
  • Gated Home

About This Home

As of July 2025

EXCEPTIONAL INVESTMENT OPPORTUNITY IN THIS 1985-BUILT PROPERTY The property is situated at the coveted northeastern border of Normal Heights and Kensington. Featuring an attractive unit mix predominately consisting of two-bedroom apartments, this property includes four single-car garges with potential for ADU conversion. The standout feature is the property's prime location directly adjacent to Ward Cayon Park (formerly 39th St Park), offering residents serene green space just steps away.

Last Agent to Sell the Property

Kevin Hemstreet

South Coast Commercial, Inc. License #01490629 Listed on: 03/14/2025

South Coast Commercial, Inc.

Last Buyer's Agent

Kevin Hemstreet

South Coast Commercial, Inc. License #01490629 Listed on: 03/14/2025

South Coast Commercial, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1985

Lot Details

  • 4,356 Sq Ft Lot
  • Gated Home
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Schools

  • San Diego Unified School District Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for fees
  • Assessor Parcel Number 440-592-08

Community Details

Overview

  • 4 Units
  • Adams Community

Pet Policy

  • No Pets Allowed

Building Details

  • Net Operating Income $72,291

Property Details

Home Type

Multi-Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 39th Street
  • Neighborhood: Normal Heights / Baja Kensington
  • LP / Sq Ft: 19.87
  • Stories: 2 Story
  • Sale Price List Price: 0.8
  • Total Stories: 2
  • Year Built: 1985
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Boat Facilities: No/Unknown
  • Exterior Material: Wood
  • Fencing: Gate
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Water Heater Type: Gas

Condo/Co-op/Association

  • Complex Name: Adams
  • Pets Allowed: No Pets Allowed
  • Community: NORMAL HEIGHTS

Schools

  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Site: Corner Lot
  • Topography: Level
  • Water District: CITY OF SAN DIEGO
  • Zoning: CUPD-T-3-3
  • Assessor Parcel Number: 440-592-08
  • Estimated Number of Acres: 0.1

Rental Info

  • Tenant Pays: Other Fees

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 72291
  • Gross Rent Multiplier Actual: 16.0
  • Gross Rent Multiplier Projected: 13.0
  • Number Of Buildings: 1
  • Number Of Units With Garage: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
07/11/2025 07/11/25 Sold $1,500,000 -20.0% --
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

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Hemstreet

    Seller's Agent in 2025

    Kevin Hemstreet

    South Coast Commercial, Inc.

    (858) 302-5252

    1 in this area

    9 Total Sales

    Kevin Hemstreet
    Section Image
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Map

Source: San Diego MLS

MLS Number: 250021442

San Diego MLS

APN: 440-592-08-00

California San Diego County San Diego 92116 Normal Heights

4668 39th St, San Diego, CA

Sold

MultiFamily

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