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$2,950,000
New Listing

4629 Bancroft St.
San Diego, CA 92116

For Sale|Residential Income|Active
3
Beds
2
Total Baths
4,816
SqFt
$613
/SqFt
County:
San Diego
Listed by Mark A Morgan of South Coast Commercial, Inc. 6193009070

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

4629 Bancroft St.4629 Bancroft St.4629 Bancroft St.4629 Bancroft St.
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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.

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Listing Snapshot
Price 
$2,950,000
Days On Site 
0 Days
Bedrooms 
3
Inside Area (SqFt) 
4,816 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
N/A
MLS® Number 
250041554
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS®
10 hours agoListing first seen on site
General Features
Parking 
Garage
Parking Spaces 
9
SqFt Total 
4816
Interior Features
Cooling 
Wall/Window Unit(s)
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Exterior Features
Lot Features 
Landscaped
Community Features
Financing Terms Available 
Cash
MLS Area 
Metro Uptown
Listed by Mark A Morgan of South Coast Commercial, Inc. 6193009070



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2025 San Diego MLS®.

Last checked 2025

Neighborhood & Commute
Source: Walkscore
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