Property Details
About this Property
Exceptional 8-unit multifamily opportunity in the heart of Normal Heights — one of San Diego’s most walkable and vibrant neighborhoods. This well-maintained property features eight 1-bedroom, 1-bath units, each offering comfortable layouts and consistent tenant demand. Residents enjoy convenient access to the 805, 8, and 15 freeways, along with a dynamic mix of nearby cafes, restaurants, and entertainment options. The property is fully landscaped and includes 8 off-street parking spaces — a rare and valuable amenity in this high-density area. With stable occupancy and significant upside in rental income, investors have a clear path to increased cash flow through strategic rent adjustments and the implementation of RUBS (Ratio Utility Billing System) for utilities such as water and trash. This is a strong value-add opportunity in a core San Diego submarket, ideal for investors seeking long-term growth and operational efficiency.
MLS Listing Information
MLS #
SD250035095
MLS Source
San Diego MLS
Days on Site
19
Interior Features
Flooring
Hardwood, Vinyl, Wood
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Zoning
R-3:RESTRI
Contact Information
Listing Agent
Peter Giacalone
ENG Properties
License #: 01924397
Phone: (619) 993-0469
Co-Listing Agent
Katy Sullivan
License #: 01925534
Phone: (619) 994-5802
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 8 | 8 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
Madison Ave is a Residential Income in San Diego, CA 92116. This – square foot property sits on a 6,595 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,700,000 and was built in –. This address can also be written as Madison Ave, San Diego, CA 92116.
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This listing information is up-to-date as of August 13, 2025. For the most current information, please contact Peter Giacalone, (619) 993-0469
