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Normal Heights Four Detached Homes
For Sale
$1,895,000

4847-53 Mansfield Street, San Diego, CA 92116

Turn-key four-unit investment in North Normal Heights.

Property Size2,900 SF
Price / SF$653.45
Days on Market156

Property Features for 4847-53 Mansfield Street

General Information

Standard status Active
Size 2,900 SF
Property subtype Residential Income

Amenities

1 Story
Central Forced Air, Zoned Area(s)
5.0
1
5
6
Other/Remarks, Rock/Gravel
Gate
N/K
4
Stucco

Building Details

Year Built 1925
Listing Agency: Keller Williams La Jolla
Listed By: Patrick H Mercer · License #01964971
Source: Compass
Added: Mar 27 Changed: Aug 27 Last Checked: Aug 29 at 4:32PM

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 Keller Williams La Jolla

Investment Insights

Based on property information with market context.

This exceptional 4-unit investment opportunity is located in North Normal Heights. The property generates $129,900 per year in gross income and consists of four separate detached homes. The front residence is a spacious 3-bedroom, 2-bath home of approximately 1,200 SF featuring in-unit laundry, off-street parking, and a private yard. The rear three residences enjoy access to a landscaped shared backyard space. Each home is individually metered for gas and electric and offers dedicated off-street parking. Extensive capital improvements include a new sewer line, updated plumbing, new foundations, and new roofs across all four units, with two of the homes completed as new construction in 2022. The property offers proximity to the shops, restaurants, coffee houses, and nightlife along Adams Avenue, as well as easy access to major freeways and surrounding communities. The property size is 2900 SF.

Key Highlights

  • High Gross Annual Income: Producing $129,900 per year.
  • Four Detached Homes: Rare configuration offering privacy and premium tenant appeal.
  • Owner‑Occupant Opportunity: Live in the 3‑bedroom front home while collecting $80,760 annually from other units.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Daycare Center HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Catering Service

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

1,422
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Turn-key four-unit investment in North Normal Heights.
Where is this quadplex located?
The property is located at 4847-53 Mansfield Street San Diego, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: High Gross Annual Income: Producing $129,900 per year.; Four Detached Homes: Rare configuration offering privacy and premium tenant appeal.; Owner‑Occupant Opportunity: Live in the 3‑bedroom front home while collecting $80,760 annually from other units.
More about this property
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