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$2,950,000
New Listing

4629 Bancroft St.
San Diego, CA 92116

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
County:
San Diego
Listed by Mark Morgan of South Coast Commercial, Inc. morgan@scc1031.com

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714-263-1660
4629 Bancroft St.4629 Bancroft St.4629 Bancroft St.4629 Bancroft St.
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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.

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Listing Snapshot
Price 
$2,950,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1437 Acres
Year Built 
N/A
MLS® Number 
250041554SD
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
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Recent Activity
2 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Acres 
0.1437
Parking Spaces 
9
Property Sub Type 
Mixed Use
Interior Features
Cooling 
Wall/Window Unit(s)
Heating 
Wall Furnace
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Exterior Features
Construction Details 
Stucco
Community Features
Financing Terms Available 
Cash
MLS Area 
92116 - Normal Heights


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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* By submitting the form above, you grant Prime Choice Funding permission to contact you via phone, email, text, and other means. If you have any questions or concerns, please call 877-787-7463 or send an email to info@primechoicefunding.com. Privacy Policy | Terms of Use | SMS Terms | Licensing | Prime Choice Funding, Inc. | 1100 Town and Country Rd Suite 1250, Office 1206, Orange, CA 92868 | DRE # 01806911, NMLS # 117375, NMLS Consumer Access | Equal Housing Lender | Arizona Mortgage Banker License #940991 | Texas State Compliance.

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