6
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$2,500,000
Est. payment /mo
6,163 Sqft Lot
New
4639 Iowa Street San Diego, CA 92116
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250042275SD
HOA Y/N No
Lot Size 6,163 Sqft
Property Sub-Type Mixed Use
Property Description
4639 Iowa Street is a fantastic value-add investment that offers an investor 15% upside in rents in the rapidly accelerating rental market of Normal Heights. The 5,326 square foot structure built in 1972 is situated on a 6,162 square foot lot just a half block from Adams Avenue. The property features one 2 Bedroom / 2 Bath, two 2 Bedroom / 1 Bath, and five 1 Bedroom / 1 Bath units, each with large floorplans. Ownership has made improvements to the units upon turnover and the roof was redone in 2025 along with exterior paint. In addition, the property offers a common laundry space with a washer/dryer and 2 double garages. Please do not walk on the property or disturb tenants.
Location
State CA
County San Diego
Area 92116 - Normal Heights
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Others
Tax ID 4639 Iowa Street is
Listed by Benn Vogelsang NorthMarq Multifamily
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