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$2,100,000
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Property Description
Prime Investment Opportunity in Normal Heights - 4-Unit Luxury Fourplex with Redevelopment Potential Located in the heart of Normal Heights, this exceptional fourplex offers the perfect blend of immediate cash flow, luxury upgrades, and long-term redevelopment upside in one of San Diego's most desirable rental submarkets. This fully remodeled property features four spacious units: Two 2-bedroom, 2-bathroom units, One 2-bedroom, 1.5-bath townhouse, and One 2-bedroom, 1-bath unit Each unit showcases designer-inspired kitchens with high-end appliances, custom flooring, fully renovated bathrooms, modern lighting, in-unit washer/dryers, mini-split AC systems, dual-pane windows, and fresh custom paint. Reserved parking is included. Four single-car garages, offering additional income potential through parking rentals or future ADU conversions (plans already approved with permits) unlocking significant redevelopment potential in a supply-constrained, high-demand area. Whether you're seeking stable returns, value-add upside, or a long-term hold, this asset delivers. Just steps from Adams Avenue and directly across from Ward Park, residents enjoy walkable access to Antique Row, trendy restaurants, coffee shops, bars, and vibrant local culture. With proximity to Downtown, Mission Valley, SDSU, and major freeways (15, 8, 805, 163, and 5), this location consistently attracts quality tenants.
Full Property Details
Full Property Details for 4668 39th St
General
- Sold For: $2,100,000
- Status: Closed
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 250043568
- Added to Site: 202 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 9
- Full Bathrooms: 6
- Half Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Additional Information
- Shared Amenities: Gated Community, Laundry Facilities
Location
- Area: SAN DIEGO (92116)
- County: San Diego
- Subdivision: NORMAL HEIGHTS
- Neighborhood: North Park
- Complex: 4668 39th
- Driving Directions: Adams Ave to 39th st
Community
- Gated community: Yes
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Zoned Area(s)
- Heating Type: Zoned Areas
- Heating Fuel: Electric
Utilities
- Water: Meter on Property
- Utility Description: Sewer Connected
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Rolled/Hot Mop
- Stories/Levels: 2
- Square Feet: 3,377
- Year Built: 1985
Unit Information
- Units in Building: 4
Lot Features
- Property View: Parklike
- Lot Size (Acres): 0.1
- Lot Size (Sq. Ft.): 4,345
- Lot Size: .1
- Zoning: R-3
- Fencing (Description): Full, Gate
Financial Considerations
- Terms: Cash, Conventional, FHA, Other/Remarks
- Tenant Pays: Electricity, Hot Water
Disclosures and Reports
- Property ID: 440-592-08-00
Listed by Michael Stowers (619) 888-1916, Brian Jackel
(619) 888-1916
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Schools
Schools serving 4668 39th St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Normal Heights Elementary School 3750 Ward Road, San Diego, CA 92116 | K-5 | 0.1 mi |
Wilson Middle School 3838 Orange Avenue, San Diego, CA 92105 | 6-8 | 0.6 mi |
Hoover High School 4474 El Cajon Boulevard, San Diego, CA 92115 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4668 39th St
Date
Details
Price
Change
Source
5/08/2026
Sold
$2,100,000
-10.64%
MLS
11/07/2025
Listed
$2,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4668 39th St, San Diego, CA 92116 (MLS# 250043568) is a Multi-Family property that was sold at $2,100,000 on May 08, 2026. Want to learn more about 4668 39th St? 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.

