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Eight-Unit Multifamily Property
For Sale
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4629 Bancroft St, San Diego, CA 92116

Eight units with a mix of one- and two-bedroom layouts, including renovations across six units.

Property SizeContact for details
Days on Market117

Property Features for 4629 Bancroft St

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 8

Building Details

Tenancy Multi
Listing Agency: South Coast Commercial Inc
Listed By: Mark Morgan · License #CA 01339919
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Jul 23 at 10:58AM

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 South Coast Commercial Inc

Investment Insights

Based on property information with market context.

South Coast Commercial presents a for-sale eight-unit multifamily property featuring a mix of one- and two-bedroom apartments. According to the remarks, six of the units have been extensively renovated with modern finishes and amenities.

The property is positioned about half a block south of Adams Avenue in San Diego’s Normal Heights neighborhood, offering proximity to local restaurants, shops, and entertainment. The remarks also state that current rents are approximately 12% to 15% below market.

Additional value ideas noted in the remarks include converting two double garages into accessory dwelling units (ADUs) or implementing a garage fee structure.

Key Highlights

  • Eight‑unit multifamily property in Normal Heights, San Diego
  • Unit mix includes one- and two‑bedroom layouts
  • Six of the eight units have been extensively renovated with modern finishes and amenities

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

Lease Details

8
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,293
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight units with a mix of one- and two-bedroom layouts, including renovations across six units.
Where is this apartment building located?
The property is located at 4629 Bancroft St San Diego, CA.
What are key features of this property?
This property features: Eight‑unit multifamily property in Normal Heights, San Diego; Unit mix includes one- and two‑bedroom layouts; Six of the eight units have been extensively renovated with modern finishes and amenities
More about this property
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