$2,895,000

For Sale

4629 Bancroft St, San Diego, CA 92116

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Property Highlights

Commercial Sale

Property Type

Commercial/Residential

Sub Type

77

Days On Properkey

0.14

Lot (acres)

260016353SD

MLS #

CRMLS

MLS Source

Description

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.

Listed by Mark Morgan • DRE #01339919 • South Coast Commercial, Inc.

MLS #: 260016353SD •
Source: CRMLS

Building & Construction

Construction Materials
Stucco, Drywall Walls

Interior & Comfort

Heating
Wall Furnace
Cooling
Wall/Window Unit(s)

Nearby

Active Pending Closed Rental

School information not available for this property.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-21 12:40:13 PST. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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