4639 Iowa Street, San Diego, CA 92116 - Photo 1

1/1

$2,325,000

Sold
Closed
Multi-Family
5 Total Beds

1/1

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.

Full Property Details

Full Property Details for 4639 Iowa St

General

Sold For: $2,325,000
Status: Closed
Type: Multi-Family
Source: SANDICOR
MLS ID: 250042275
Added to Site: 87 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 5

Parking

Total Spaces: 8

Location

Area: SAN DIEGO (92116)
County: San Diego

Structural Information

# Buildings: 1
Detached/Attached: Detached
Stories/Levels: 2
Square Feet: 5,326
Living Area: 5,326 Sq. Ft.

Unit Information

Units in Building: 8

Lot Features

Lot Size (Sq. Ft.): 6,162

Financial Considerations

Operating Expenses: $77,298

Disclosures and Reports

Property ID: 4639 Iowa Street is

Listed and Sold by NorthMarq Multifamily (858) 675-7865, Benn Vogelsang

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Listing agent

— 4639 Iowa St —

Benn Vogelsang

NorthMarq Multifamily

BennVogelsang@gmail.com

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NMLS#: 1598647

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Schools

Schools serving 4639 Iowa St

School District:San Diego City Unified School District

Name	Grades	Distance
Adams Elementary School, San Diego, CA 4672 35th Street, San Diego, CA 92116	K-5	0.4 mi
Wilson Middle School 3838 Orange Avenue, San Diego, CA 92105	6-8	1 mi
Hoover High School 4474 El Cajon Boulevard, San Diego, CA 92115	9-12	1.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4639 Iowa St

Date

Details

Price

Change

Source

11/20/2025

Sold

$2,325,000

-7%

MLS

10/22/2025

Listed

$2,500,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4639 Iowa Street, San Diego, CA 92116 (MLS# 250042275) is a Multi-Family property that was sold at $2,325,000 on November 20, 2025. Want to learn more about 4639 Iowa Street? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

4639 Iowa St San Diego, CA 92116