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$2,895,000
4629 Bancroft St., San Diego, CA 92116
South Coast Commercial, Inc.
MLS® 260016353
11Beds
8Baths
4,816Sq Ft
9Parking
0Days Listed
About This Property
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.
Mark A MorganSouth Coast Commercial, Inc.619-300-9070MLS® 260016353
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Com-Res Income
- Bedrooms
- 11
- Bathrooms
- 8
- Building Area
- 4,816 Sqft
- Living Area
- 4,816 sqft
- Year Built
- 0
- Stories
- 2.0
- Status
- Active
- Days on Market
- 0
- Cumulative Days on Market
- 0
- Original Price
- $2,895,000
- MLS® Number
- 260016353
Location & Neighborhood
What's nearby 4629 Bancroft St., San Diego, CA 92116
Nearby Schools
- John Adams Elementary School0.3 mi
elementary
- Unnamed School0.3 mi
elementary
Parks & Recreation
- 0.3 mi
Transit Access
- Adams Avenue & 33rd Street0.1 mi
Bus Stop
- Adams Avenue & 32nd Street0.1 mi
Bus Stop
- 0.2 mi
- Adams Avenue & 34th Street0.2 mi
Bus Stop
- Adams Avenue & Hawley Boulevard0.3 mi
Bus Stop
Local Amenities
Fitness
Dining
- El Zarape0.1 mi
- Zia Gourmet Pizza0.1 mi
Coffee & Cafes
- Dark Horse Coffee Roasters0.1 mi
- Lestat's Coffee House0.1 mi
Grocery
- Corner Liquor0.2 mi
POI data updated 7/19/2026
San Diego Market Snapshot
3,166
Active Listings
$790K
Median Price
31
Avg Days on Market
Last updated: Jul 6, 2026
Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$2,895,000