4629 Bancroft St., San Diego, California 92116

  • $2,895,000
4629 Bancroft St., San Diego, California 92116
Active
4629 Bancroft St., San Diego, California 92116
4629 Bancroft St., San Diego, California 92116
  • $2,895,000

Description

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.

  • Address 4629 Bancroft St., San Diego, California 92116
  • City San Diego
  • State/county CA
  • Zip/Postal Code 92116
  • Country US

Details

Updated on July 6, 2026 at 9:51 pm
  • Property ID: 260016353SD
  • Price: $2,895,000
  • Land Area: 0.1437 Acres
  • Property Type: Mixed Use, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to New Loan
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: San Diego
  • Property Type: Commercial Sale

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  • Hoyt Hochman