4629 Bancroft St. San Diego, CA ^$ 2,895,000

4629 Bancroft St.

^$ 2,895,000

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4629 Bancroft St.

San Diego, CA, 92116

^$ 2,895,000

Bedrooms11 Baths8.0 Sq 4,816

Monthly Estimate*

^$ 18,279

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Multi-Family Home for sale in San Diego, CA

for $2,895,000 with 11 bedrooms and 8 full baths. This 4,816 square foot home was built on a lot size of 0.143664.

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.

Multi-Family Active

Price

^$ 2,895,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Lot Size

0.143664

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260016353

Features

General

Heating Wall

Cooling Wall/Window

Construction Materials Fully Landscaped

Year Built 0

Stories Count 2

Levels 2 Story

Property Subtype Com-Res Income

County San Diego

Operating Expense 66294.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Full Baths 8

Status ACTIVE

Directions Adams Ave. then south on Bancroft.

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 6258.0

Property Attached Y/N N

Virtual Tour https://realestate.28photos.com/vd/216956376

Structure Type Apartment

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Total Actual Rent 16480.0

Cap Rate 4.5

Freehold IDX

Interior

Flooring Wood

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Laundry Features Owned

Total Bedrooms 11

Total Baths 8

Exterior

Parking Features Garages Spaces

Total Parking 9.0

Lot Size Area 0.14

Number of Buildings 1

Building Area Total 4816.0

Waterfront Y/N N

* Excluded Features

List By

Mark A Morgan

Listing Agent

South Coast Commercial, Inc.

Broker

(619) 300-9070

Phone

Affordability Calculator

$18,279

Per Month

Monthly Principal & Interest: $18,279
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% 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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,197,619

Percent of Sale Price 24%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/6/2026	$2,895,000		Listed Price

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4629 Bancroft St., San Diego, CA, 92116 is a Multi-Family Home for sale at $2,895,000 with 4,816 sqft and a lot size of 0.143664. 4629 Bancroft St. has 11 bedrooms and 8.0 baths. The property's zip code is 92116 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 7/7/2026.

CA BRE #019180026.

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4629 Bancroft St.

Multi-Family Home for sale in San Diego, CA

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