4668 39th st, San Diego, CA 92116

Property Description

Prime Investment Opportunity in Normal Heights – 4-Unit Luxury Fourplex with Redevelopment Potential Located in the heart of Normal Heights, this exceptional fourplex offers the perfect blend of immediate cash flow, luxury upgrades, and long-term redevelopment upside in one of San Diego’s most desirable rental submarkets. This fully remodeled property features four spacious units: Two 2-bedroom, 2-bathroom units, One 2-bedroom, 1.5-bath townhouse, and One 2-bedroom, 1-bath unit Each unit showcases designer-inspired kitchens with high-end appliances, custom flooring, fully renovated bathrooms, modern lighting, in-unit washer/dryers, mini-split AC systems, dual-pane windows, and fresh custom paint. Reserved parking is included. Four single-car garages, offering additional income potential through parking rentals or future ADU conversions (plans already approved with permits) unlocking significant redevelopment potential in a supply-constrained, high-demand area. Whether you're seeking stable returns, value-add upside, or a long-term hold, this asset delivers. Just steps from Adams Avenue and directly across from Ward Park, residents enjoy walkable access to Antique Row, trendy restaurants, coffee shops, bars, and vibrant local culture. With proximity to Downtown, Mission Valley, SDSU, and major freeways (15, 8, 805, 163, and 5), this location consistently attracts quality tenants.

Listing Status:

Active

Date Added:

November 7, 2025 at 06:00AM

Listing Office:

Michael Stowers : 619-520-9138

Listing Agent:

Brian Jackel : 619-654-4875

MLS ID:

250043568SD

Interior

• Appliances: Gas Water HeaterTankless Water Heater
• A/C: Zoned
• Heating: ElectricZoned

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Rolled/Hot Mop
• General: 2

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: R-34405920800
• View: View

Financial

• Source: CRMLS_SAND

This listing courtesy of Brian Jackel, Michael Stowers