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3226 Adams Ave San Diego, CA 92116

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For Sale
$2,600,000

Well-maintained 8-unit apartment complex in desirable Normal Heights neighborhood.

Type:Multifamily
Property size:
3,750 SF
Lot size:
0.15 Acres
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:08 am

Property Features for 3226 Adams Ave

General Information

Standard status
Active
Size
3,750 SF
Lot size
0.15 Acres
Property subtype
Multifamily

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Listing Contact
Ben Sierpina

Listing agent Ben Sierpina License #CA: 02062416

Listing office San Diego Downtown Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 San Diego Downtown Office


Overview

Normal Heights Multifamily Investment Opportunity

Located in San Diego, California, the 8-unit apartment complex at 3226-32 Adams Avenue was originally built in 1938. Situated in the Normal Heights neighborhood, the complex has a Walk Score of 94. The property rests on a 0.15-acre lot and features approximately 3,750 rentable square feet. The unit mix consists of two one-bedroom/one-bathroom units and six one-bedroom/one-bathroom cottage units. The units feature refurbished hardwood flooring and cottage-style layouts with no shared walls. The property has been maintained, with new roofs recently added to the back building and two of the cottages. The main electrical panel, wiring, and gas meters were upgraded within the last 5 years. Several units have been retrofitted with dual pane vinyl windows. Tenant offerings include a communal courtyard and secure gated entry. Parking is available with five attached single-car garages, creating potential for adding ADUs. The property presents a value-add opportunity for renovation to bring current rents to market and maximize overall cash flow. Located on Adams Avenue in central Normal Heights, the property is near neighborhood attractions and has access to the 15 and 805 freeways. The North Park neighborhood is a few blocks west, offering more dining and retail options. This property offers the opportunity to acquire a well-maintained apartment complex with rental upside and ADU potential, with the 15 freeway simplifying commutes.
Location Intelligence

Current Use by Public Records

Apartment buildings

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Location Insight

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City
San Diego
County
San Diego
State
California
Longitude
-117.1242825
Latitude
32.7636676

FAQs

What type of property is this?
Apartment building - Well-maintained 8-unit apartment complex in desirable Normal Heights neighborhood.
Where is this apartment building located?
The property is located at 3226 Adams Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Highly desirable Normal Heights location with a Walk Score of 94, offering unbeatable walkability.; Significant value‑add opportunity through renovation to increase rents.; ADU potential with (5) attached single‑car garages.
More about this property
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