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Normal Heights Multifamily Investment Opportunity
For Sale
$999,000
Pending

4778 34th St, San Diego, CA 92116

Five-unit property near Normal Heights' restaurants and shops.

Property SizeContact for details
Days on Market257

Property Features for 4778 34th St

General Information

Standard status Pending
Property subtype Commercial

Building Details

Units 5
Listing Agency:
Listed By: John Ronis
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 1:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Ronis

Investment Insights

Based on property information with market context.

This five-unit property is located in the Normal Heights area, less than two blocks from the restaurants, clubs, and shops north of Adams Avenue. The property contains two one-bedroom, one-bath units and three studios. This property may present an opportunity for rental upside or could be used as a short-term rental.

Key Highlights

  • Prime location in Normal Heights, near restaurants, clubs, and shops (North of Adams).
  • 5‑unit property offering diverse rental options.
  • Potential for increased rental income.

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Storage Facility Electrical Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,492
Businesses Nearby

Demographics for 92116, CA

31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property near Normal Heights' restaurants and shops.
Where is this apartment building located?
The property is located at 4778 34th St San Diego, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Prime location in Normal Heights, near restaurants, clubs, and shops (North of Adams).; 5‑unit property offering diverse rental options.; Potential for increased rental income.
More about this property
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