4668 39th st
San Diego, CA, 92116 $ 2,350,000
Bedrooms8 Baths6.3 Monthly Estimate*
$ 14,469
for $2,350,000 with 8 bedrooms and 6 full baths, 3 half baths. This home was built in 1985 on a lot size of 0.099747.
Prime Investment Opportunity in Normal Heights – 4-Unit Luxury Fourplex with Redevelopment Potential Located in the heart of Normal Heights, this exceptional fourplex offers the perfect blend of immediate cash flow, luxury upgrades, and long-term redevelopment upside in one of San Diego’s most desirable rental submarkets. This fully remodeled property features four spacious units: Two 2-bedroom, 2-bathroom units, One 2-bedroom, 1.5-bath townhouse, and One 2-bedroom, 1-bath unit Each unit showcases designer-inspired kitchens with high-end appliances, custom flooring, fully renovated bathrooms, modern lighting, in-unit washer/dryers, mini-split AC systems, dual-pane windows, and fresh custom paint. Reserved parking is included. Four single-car garages, offering additional income potential through parking rentals or future ADU conversions (plans already approved with permits) unlocking significant redevelopment potential in a supply-constrained, high-demand area. Whether you're seeking stable returns, value-add upside, or a long-term hold, this asset delivers. Just steps from Adams Avenue and directly across from Ward Park, residents enjoy walkable access to Antique Row, trendy restaurants, coffee shops, bars, and vibrant local culture. With proximity to Downtown, Mission Valley, SDSU, and major freeways (15, 8, 805, 163, and 5), this location consistently attracts quality tenants.
See more
FeaturesGeneralHeating Zoned Areas
Cooling Zoned Area(s)
Utilities Sewer Connected
Roof Rolled/Hot Mop
Zoning R-3
Security Features N/K
Construction Materials Stucco
Pets Allowed Yes
Year Built 1985
Tenant Pays Electricity Hot Water
View Parklike
Levels 2 Story
Property Subtype Res Income 2-4 Units
Community Features Gated Community Laundry Facilities
Building Name 4668 39th
County San Diego
Operating Expense 0.0
New Construction N
Property Type Residential Income
HOA N
Attached Garage N
Subdivision Name NORMAL HEIGHTS
Full Baths 6
Status PENDING
Directions Adams Ave to 39th st
City San Diego
Senior Community Y/N N
Number Of Units Total 4
MLS Area Metro Uptown
Lot Size Units Acres
Lot Size Square Feet 4345.0
Property Attached Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/snd/250043568
Building Area Units Sqft
Living Area Units Sqft
Standard Status Pending
Cap Rate 0.0
Freehold IDX
See more
ExteriorFencing Full Gate
Water Source Meter on Property
Lot Size Area 0.1
Number of Buildings 1
Building Area Total 3377.0
Waterfront Y/N N
See more
InteriorTotal Stories 2
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Half Baths 3
Total Bedrooms 8
Total Baths 9
See more
* Excluded FeaturesList ByBrian JackelListing Agent
Affordability Calculator
- Monthly Principal & Interest
- $14,469
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,249,508
Percent of Sale Price 4%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
281193 Elementary School
281006 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/7/2025 | $2,350,000 | | Listed Price |