NOT LISTED FOR SALE
3 Beds
3 Baths
4,999 Sq Ft
-- Built

Last Sold April 07, 2021

Last sale price $2,460,000 $492 Per Sq Ft

10 Days on Market

About This Home

As of April 2021

We are pleased to offer for sale the Robindale Apartments located in the heart of Normal Heights, north of Adams Avenue. Built in 1985, this is the first time the property has ever been offered for sale. The building consists of seven (7) total units with a unit mix of 4-2br/2ba and 3-1br/1ba apartments along with 6 garages, common area laundry facilities and off street parking. What is also unique about this opportunity is that two of the six garages open directly into the apartments themselves. All unit floorplans are spacious, select units have fireplaces as well as private outdoor space. This is a rare opportunity for a prudent investor to acquire a property in a superb location and create some significant value via unit modernization and rental increases.

Last Agent to Sell the Property

Josh Browar

The Browar Group License #01824454 Listed on: 03/11/2021

Last Buyer's Agent

Tracie Kersten

Compass License #01137669

Compass

Property Details

Home Type

  • Multi-Family

Home Design

  • Tile Roof
  • Composition Roof

Interior Spaces

  • 3 Bedrooms
  • 4,999 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Car Garage
  • Parking Available

Additional Features

  • Number of ADU Units: 4
  • No Cooling

Listing and Financial Details

  • Total Actual Rent $11,685

Community Details

Overview

  • 7 Units

Building Details

  • 7 Leased Units
  • Operating Expense $53,495

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Community Features: Other/Remarks
  • Co List Office Mls Id: 7927
  • Living Area: 4999.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-07-01T07:52:15Z
  • FullAddress: 4732 Bancroft Street
  • NumofLeasedApartments: 7
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Flooring: Other/Remarks

Exterior Features

  • Roof: Composition, Tile
  • Construction Type: Remarks

Garage/Parking

  • Parking Features: Garages, Spaces, Other/Remarks
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None, Other
  • Heating: Other/Remarks
  • Laundry Features: Owned

Multi Family

  • Number Of Units Total: 7
  • Annual Operating Expense: 53495.0
  • Total Actual Rent: 11685.0
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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
04/07/2021 04/07/21 Sold $2,460,000 +7.2% $492 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $2,295,000 -- $459 / 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 $32,113 $2,662,781 $2,056,620 $606,161
2024 $32,113 $2,610,571 $2,016,295 $594,276
2023 $31,405 $2,559,384 $1,976,760 $582,624
2022 $30,569 $2,509,200 $1,938,000 $571,200
2021 $7,975 $643,309 $274,906 $368,403
2020 $7,878 $636,714 $272,088 $364,626
2019 $7,738 $624,230 $266,753 $357,477
2018 $7,235 $611,991 $261,523 $350,468
2017 $7,062 $599,993 $256,396 $343,597
2016 $6,946 $588,229 $251,369 $336,860
2015 $6,844 $579,395 $247,594 $331,801
2014 $6,738 $568,046 $242,744 $325,302
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210006317

San Diego MLS

APN: 439-382-23-00

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