33
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$1,995,000
Est. payment /mo
6,298 Sqft Lot
Active
4847 Mansfield Street San Diego, CA 92116
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 260006698SD
HOA Y/N No
Year Built 1925
Lot Size 6,298 Sqft
Property Description
Turn-key and beautifully upgraded, this exceptional 4-unit investment opportunity in North Normal Heights offers the perfect blend of strong income, lifestyle flexibility, and long-term upside. Currently producing $129,900 per year in gross income, the property consists of four separate detached homes — a rare configuration that provides privacy, desirability, and premium tenant appeal. The front residence is a spacious 3-bedroom, 2-bath, approximately 1,200 SF home featuring in-unit laundry, off-street parking, and its own private yard, creating an ideal owner-occupant opportunity. Live comfortably in the front home while collecting approximately $80,760 annually from the three additional units, making this a compelling house-hack or portfolio addition. Each home is individually metered for gas and electric and offers dedicated off-street parking, while the rear three residences enjoy access to a thoughtfully landscaped shared backyard space. Extensive capital improvements provide peace of mind, including a new sewer line, updated plumbing, new foundations, and new roofs across all four units, with two of the homes completed as new construction in 2022. Situated in one of Metro San Diego's most sought-after neighborhoods, the property offers unbeatable proximity to the vibrant shops, restaurants, coffee houses, and nightlife along Adams Avenue, as well as easy access to major freeways and surrounding communities. This is a rare opportunity to own a low-maintenance, high-performing asset in the heart of Normal Heights with both lifestyle and investment appeal.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Building/Complex Name Mansfield St
Interior
Cooling Central Air, Zoned
Fireplace No
Exterior
Pool None
View Y/N No
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
Others
Senior Community No
Tax ID 4402320700
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://yono-pro.aryeo.com/videos/019c987b-3546-7364-b331-11b0f163bd92
Listed by Patrick Mercer Keller Williams La Jolla #01964971
NEARBY SCHOOL & BUSINESS
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