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4629 Alabama Street San Diego, CA $ 3,150,000
4629 Alabama Street
$ 3,150,000
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4629 Alabama Street

San Diego, CA, 92116
$ 3,150,000
Bedrooms-- Baths--

Monthly Estimate*

$ 19,652

Listed by Marcus & Millichap
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Commercial Property for sale in San Diego, CA

for $3,150,000.

We are pleased to present 4629-35 Alabama Street, an 8-unit multifamily property located in the heart of University Heights, one of San Diego’s most sought-after rental neighborhoods. The property features a desirable unit mix consisting of two (2) one-bedroom/one-bathroom units, five (5) two-bedroom/one-bathroom units, and one (1) five-bedroom/three-bathroom unit. This balanced configuration appeals to a wide range of renters, from young professionals to families, offering flexibility and strong leasing potential. University Heights is a vibrant, centrally located community known for its walkability, eclectic dining options, and proximity to major employment centers. Its unique blend of historic charm and modern amenities makes it a magnet for long-term residents and new arrivals alike. The neighborhood’s connectivity to Mission Valley, Hillcrest, and Downtown San Diego via major freeways and transit corridors further enhances its appeal to renters seeking convenience and lifestyle. 4629-35 Alabama Street presents a compelling opportunity for investors to acquire a well-maintained asset in a high-demand market. With strategic renovations and management, there is significant potential to enhance value and achieve competitive rental rates

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Commercial Active

Price

$ 3,150,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250043479SD

Days on Market

44

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 106612
Property Type Commercial Sale
Status Active
Directions Property is fully occupied. Please contact listing agent: Liam Sylvia (858) 373-3162 Liam.Sylvia@marcusmillichap.com
City San Diego
Number Of Units Total 8
MLS Area 92116 - Normal Heights
Standard Status Active
Property Sub Type Additional Mixed Use
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Interior
Air Conditioning Y/N 1
Heating Y/N 0
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 2
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* Excluded Features
List By
Marcus & Millichap

Broker

ahuffman@ipausa.com

Email

Affordability Calculator

$19,652
Per Month
100%
0%
0%
Monthly Principal & Interest
$19,652
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$3,150,000 Listed Price

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4629 Alabama Street, San Diego, CA, 92116 is a Commercial Property for sale at $3,150,000. The property's zip code is 92116 which is in San Diego, CA