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,
MLS #
SD250043568
MLS Source
San Diego MLS
Days on Site
29
Laundry
Community Facility
Cooling
Multi-Zone
Heating
Electric, Other
Roof
Rolled/Hot Mop
Garage/Parking
Assigned Spaces, Converted, Garage: Car(s)
Complex Amenities
Community Security Gate
Zoning
R-3
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 927 | 2 | 1/1 | $3,450 |
| 2 | 850 | 2 | 2/0 | – |
| 3 | 850 | 2 | 2/2 | – |
| 4 | 750 | 2 | 1/0 | – |
4668 39th St is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 4,345 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,350,000 and was built in 1985. This address can also be written as 4668 39th St, San Diego, CA 92116.
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This listing information is up-to-date as of November 10, 2025. For the most current information, please contact Brian Jackel, (619) 654-4875