CA > San Diego
San Diego, CA 92116,Madison Ave
San Diego, CA 92116,Madison Ave
San Diego, CA 92116,Madison Ave
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Lorenzo Vasquez

Lorenzo Vasquez

+1(559) 667-7612
$2,700,000
Est. payment /mo
6,594 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250035095SD

HOA Y/N No

Lot Size 6,594 Sqft

Property Sub-Type Mixed Use

Property Description

Exceptional 8-unit multifamily opportunity in the heart of Normal Heights — one of San Diego's most walkable and vibrant neighborhoods. This well-maintained property features eight 1-bedroom, 1-bath units, each offering comfortable layouts and consistent tenant demand. Residents enjoy convenient access to the 805, 8, and 15 freeways, along with a dynamic mix of nearby cafes, restaurants, and entertainment options. The property is fully landscaped and includes 8 off-street parking spaces — a rare and valuable amenity in this high-density area. With stable occupancy and significant upside in rental income, investors have a clear path to increased cash flow through strategic rent adjustments and the implementation of RUBS (Ratio Utility Billing System) for utilities such as water and trash. This is a strong value-add opportunity in a core San Diego submarket, ideal for investors seeking long-term growth and operational efficiency.

Location

State CA

County San Diego

Area 92116 - Normal Heights

Zoning R-3:RESTRI

Interior

Heating Wall Furnace

Fireplace No

Exterior

Roof Type Composition

Total Parking Spaces 8

Others

Tax ID 4475110100

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/snd/250035095

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CRMLS – RECore
Listed by Peter Giacalone ENG Properties

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agent

Lorenzo Vasquez

+1(559) 667-7612

Agent | License ID: 02072805

Agent License ID: 02072805

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