33
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$1,995,000
Est. payment /mo
6 Beds
5 Baths
6,298 Sqft Lot
Active
4847-53 Mansfield Street San Diego, CA 92116
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Normal Heights
MLS Listing ID 260006698
Bedrooms 6
Full Baths 5
Year Built 1925
Lot Size 6,298 Sqft
Property Sub-Type Res Income 2-4 Units
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 Metro Uptown
Interior
Cooling Central Forced Air, Zoned Area(s)
Fireplace No
Exterior
Fence Gate
View Y/N No
Roof Type Rock/Gravel,Other/Remarks
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 440-232-07-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://yono-pro.aryeo.com/videos/019c987b-3546-7364-b331-11b0f163bd92
Listed by Patrick H Mercer, DRE#01964971 Keller Williams La Jolla
NEARBY SCHOOL & BUSINESS
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