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4668 39th stSan Diego, CA 92116

For Sale

$2,350,000

Smart Buyer Rebate $23,500

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.

Listed by Brian Jackel

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License #01858355

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Michael Stowers

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619-654-4875

Last updated November 10, 2025

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Source: CRMLS #250043568SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodCherokee Park
  • Days on Prevu12

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/07/2025
Listed by Michael Stowers
$2,350,000

Property Details for 4668 39th st

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Rolled/Hot Mop
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1985

Measurements

  • Lot Size Acres: 0.09
  • Lot Size Area: 4,345
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4,345
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 4405920800

Interior

Features

  • Appliances: Gas Water Heater, Tankless Water Heater

Other

Location

  • Subdivision Name: Normal Heights

Utilities

Equipment

  • Cooling: Zoned
  • Has Cooling: Yes
  • Heating: Electric, Zoned
  • Has Heating: Yes

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.