3488 Monroe Avenue San Diego, CA $ 2,150,000
3488 Monroe Avenue
$ 2,150,000
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3488 Monroe Avenue

San Diego, CA, 92116
$ 2,150,000
Baths1.0

Monthly Estimate*

$ 13,238

Listed by SD Real Estate Solutions
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,150,000 with 1 full bath. This home was built in 1976.

Four 2 Bedroom Units! Normal Heights 4plex only 2 blocks to Adams Avenue. The property consists of a front 2 Bedroom/1Bath SFR + three 2Bed/1Bath apartments in rear. New windows just installed in SFR. Front house features its own 1 car garage plus 2 tandem parking spaces. The rear units feature 4 carports plus an extra parking space. Smaller cars can park tandem in the carports. The front house has its own private front and rear yard space and private laundry in the garage. The rear units enjoy an on-site laundry room and security gated access. All units feature beautiful butcher-block countertops or granite, stainless steel appliances including dishwashers. The bathrooms feature stone/slate showers. Very well located just 2 blocks south of Adams Ave. and the iconic Normal Heights sign, in the exclusive area of Normal Heights. The residents enjoy the walkability to eateries, bars, shops, services, and public transportation. Residents can walk 2 blocks north and explore all that Normal Heights has to offer. Location Location Location! This turnkey 4 unit complex is located in the heart of hip and happening Normal Heights. There is no shortage of tenants waiting to live just 2 blocks from the epicenter of Normal Heights that is Adams Avenue. In this location a car is optional with Downtown San Diego only a 25 minute bike ride away. Coupled with the close proximity to SDSU, easy freeway access, 11 minute drive to the beach, the residents enjoy the central San Diego location of 3488 Monroe Avenue.

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Multi-Family Active

Price

$ 2,150,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1976

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260008022SD

Days on Market

5

Features
General
Cooling None
Possession See Remarks
HOA Fee 0
Year Built 1976
Tenant Pays Electricity
Stories Count 1
Levels One
County San Diego
Net Operating Income 93450
Property Type Residential Income
Subdivision Name Normal Heights
Status Active
Directions 35th to Monroe Avenue CrossStreet: 35th
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92116 - Normal Heights
Listing Terms Cash Conventional
Standard Status Active
Cap Rate 4.3
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Park Name N/A
Number of Buildings 2
Spa false
Lot Size Source Assessor
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* Excluded Features
List By
Sd Real Estate Solutions

Broker

RealEstateAmyL@gmail.com

Email

Affordability Calculator

$13,238
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,238
Monthly Property Taxes
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Monthly Home Insurance
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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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2026$2,150,000 Listed Price

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3488 Monroe Avenue, San Diego, CA, 92116 is a Multi-Family Home for sale at $2,150,000. 3488 Monroe Avenue is a studio with 1.0 baths and was built in 1976. The property's zip code is 92116 which is in San Diego, CA