3935-41 Madison Ave, Normal Heights, CA 92116

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List Price
$1,250,000
Status
ACTIVE
Days on Market
82
MLS#
260015824
Subtype
Residential Income
Year Built
1956
Bedrooms
2
Bathrooms
4
Full Baths
4
Lot Size
2,414
Acres
0.06
Subdivision
Normal Heights
Neighborhood
Normal Heights
Building Name
3935-3941 Madison Ave
MLS Area Major
San Diego Central

Property Description

Exceptional investment opportunity in the heart of highly desirable Normal Heights. Situated on a prominent corner lot, this well-maintained four-unit property consists of (2) one-bedroom residences and (2) studio apartments, offering a diverse unit mix that appeals to a broad tenant base and supports strong rental demand. Each residence is thoughtfully designed with its own unique character, full kitchen, and washer/dryer hookups—highly desirable amenities that help attract and retain quality tenants.The upper one-bedroom residence features a spacious private balcony overlooking the neighborhood and a cozy fireplace, while the upstairs studio offers a luxurious jetted soaking tub and walk-in shower. The lower one-bedroom includes an oversized kitchen with breakfast seating and direct access to a private additional bonus room, and the downstairs studio lives larger than its square footage suggests with a separate kitchen and dedicated laundry area that can be closed off from the living space.Ideally located with excellent walkability to Ward Canyon Park, neighborhood coffee shops, grocery stores, and the popular dining destinations of both Normal Heights and Kensington, the property also enjoys convenient access to Interstate 15. Investors will appreciate the easy-maintenance, drought-tolerant landscaping, abundant street parking, and prime urban location that continues to attract strong tenant demand, making this an outstanding opportunity to own an income-producing asset in one of San Diego's most sought-after neighborhoods.

Additional Information

Heating
Gravity
Air Conditioning
Other
Levels
Two
Roof
Rolled Hot Mop

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Melissa Goldstein Tucci (619-787-6852) from Listing Office: Melissa Goldstein Tucci.

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