Sold
4669 Iowa St
San Diego CA, 92116
$2,775,000
Sold
Commercial
Listed by Carson Trujillo with Marcus & Millichap 858-373-3100
Pleased to present for sale a 9-unit multifamily property located in San Diego's Normal Heights neighborhood. Built in 1986, this property sits on a 6,565 SF lot and boasts 4,109 SF of rentable space. The property at 4669 Iowa St features nine one-bedroom/one-bathroom units, seven of which have been recently updated with contemporary finishes such as new flooring, kitchens, and bathrooms. Tenants can enjoy access to a secure gated entry courtyard, on-site parking, and on-site coin-operated laundry. With current rents approximately 30% below market value, an investor could easily increase profits with minimal effort. The property's prime location in Normal Heights, with a walk score of 92, is less than a block away from Adams Ave, which is lined with restaurants, bars, shops, and attractions. Normal Heights is a sought-after neighborhood that attracts high-quality tenants, making this property a smart investment for years to come.
230008673SD
MLSⓇ ID
May 10, 2023
Listed
March 23, 2024
Updated
Map
4669 Iowa St
San Diego CA, 92116
Other Property Details
Area Name
92116 - Normal Heights
Days on Market
46
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
2%
Listing Contact: 858-373-3100
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:25 AM UTC