Madison Ave San Diego, CA $ 2,700,000
Madison Ave
$ 2,700,000
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Madison Ave

San Diego, CA, 92116
$ 2,700,000
Bedrooms8 Baths8.0 Sq 5,292

Monthly Estimate*

$ 16,844

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Multi-Family Home for sale in San Diego, CA

for $2,700,000 with 8 bedrooms and 8 full baths. This 5,292 square foot home was built on a lot size of 0.1514.

Exceptional 8-unit multifamily opportunity in the heart of Normal Heights — one of San Diego’s most walkable and vibrant neighborhoods. This well-maintained property features eight 1-bedroom, 1-bath units, each offering comfortable layouts and consistent tenant demand. Residents enjoy convenient access to the 805, 8, and 15 freeways, along with a dynamic mix of nearby cafes, restaurants, and entertainment options. The property is fully landscaped and includes 8 off-street parking spaces — a rare and valuable amenity in this high-density area. With stable occupancy and significant upside in rental income, investors have a clear path to increased cash flow through strategic rent adjustments and the implementation of RUBS (Ratio Utility Billing System) for utilities such as water and trash. This is a strong value-add opportunity in a core San Diego submarket, ideal for investors seeking long-term growth and operational efficiency.

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Multi-Family Active

Price

$ 2,700,000

Bedrooms

8

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Com-Res Income

Lot Size

0.1514

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250035095

Features
General
Heating Wall
Cooling None
Roof Composition
Zoning R-3:RESTRI
Construction Materials Fully Landscaped
Year Built 0
Stories Count 2
Levels 2 Story
Property Subtype Com-Res Income
Community Features None
County San Diego
Operating Expense 40450.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Status ACTIVE
Directions 3205 Madison on Google Maps
City San Diego
Senior Community Y/N N
Number Of Units Total 8
MLS Area Metro Uptown
Lot Size Units Acres
Lot Size Square Feet 6595.0
Carport Spaces 0.0
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/250035095
Structure Type Apartment
Building Area Units Sqft
Living Area Units Sqft
Standard Status Active
Total Actual Rent 13635.0
Cap Rate 4.24
Freehold IDX
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Interior
Flooring Wood
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 0
Total Bedrooms 8
Total Baths 8
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Exterior
Parking Features Spaces
Total Parking 8.0
Lot Size Area 0.15
Number of Buildings 1
Building Area Total 5292.0
Lot Dimensions 128x52
Waterfront Y/N N
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* Excluded Features
List By
Peter L Giacalone

Listing Agent

Eng Properties

Broker

(619) 993-0469

Phone

Affordability Calculator

$16,844
Per Month
100%
0%
0%
Monthly Principal & Interest
$16,844
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/2/2025$2,700,000 Listed Price

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Madison Ave, San Diego, CA, 92116 is a Multi-Family Home for sale at $2,700,000 with 5,292 sqft and a lot size of 0.1514. Madison Ave has 8 bedrooms and 8.0 baths. The property's zip code is 92116 which is in San Diego, CA