Desirable 6-Unit Apartment Building in Normal Heights  

Property Details

  • Sale Price: $2,700,000
  • Year Built: 1974
  • Property Type: Multifamily
  • Building Size: 4,054ft
  • Lot Size: 6,799 SF

Pleased to present 4638 Iowa St – 6 unit apartment building in the highly desirable Normal Heights neighborhood. Comprised of (1) 2bed/1bath, (5) 1bed/1bath and a Studio. This asset is currently generating a gross rental income of $10,895 with rental upside to $20,490 with garage conversation into ADU’s. The property is walking distance to many shops, bars and restaurants. Renters can quickly access most areas of San Diego via the i805 and i15 Freeways, El Cajon Blvd to the south, and Adams Avenue to the north. This is a great investment for a value-add investor looking to build sweat equity into the building.

 

Desirable 6-Unit Apartment Building in Normal Heights

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(619) 226-6011
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