Property Details
South Coast Commercial is pleased to present 4629 Bancroft Street, an eight-unit multifamily property located in the heart of San Diego’s highly desirable Normal Heights neighborhood. The property comprises of a mix of one and two-bedroom units, six of which have been extensively renovated with modern finishes and amenities. Positioned just a half block south of Adams Avenue, residents enjoy easy access to the area’s restaurants, shops, and entertainment, along with convenient connectivity to major transit routes and employment centers across San Diego.
With current rents approximately 12% to 15% below market, the property offers immediate potential for income growth. Additional upside can be realized by converting the two double garages into Accessory Dwelling Units (ADUs) or implementing a garage fee structure. Supported by strong tenant demand, a proven operating history, and clear avenues for value enhancement, 4629 Bancroft Street represents a rare opportunity to acquire a pride-of-ownership multifamily asset in one of San Diego’s most sought after rental markets.
Mobile:
(619) 300-9070
morgan@scc1031.com
South Coast Commercial is a specialized commercial brokerage and asset management company.
SCC provides unparalleled performance to landlords, tenants, buyers and sellers of commercial properties.
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South Coast Commercial, Inc.
3405 Kenyon St #411,
San Diego, CA 92110
(619) 226-6011
info@scc1031.com
DRE# 01846358
