4629 Bancroft St. San Diego CA 92116 | MLS #260016353SD
8 Pride of Ownership Normal Heights units just 1/2 block south of Adams Avenue. 6 of the 8 units have been fully renovated featuring: granite countertops, new kitchen and bath cabinets, new tile showers, stainless steel refrigerators-dishwashers-microwaves-stoves, wood laminate floors, dual pane windows, etc. The property features: two 2-car garages, 5 open parking spaces, secured gated access, owned cashless laundry room (also renovated), new main electric panel, new 50-year roof (2016), new exterior paint (2023), zero scape landscaping, and completed balcony inspection (2025). Building was re-piped in 2015 and tented for termites in 2021. The 2 non-renovated units are in great condition and also have wood laminate flooring. There is significant potential for increased cash flow, as current rents are 12% to 15% below market rates. Investors have the option to further maximize returns by either converting the two double garages into Accessory Dwelling Units (ADUs) or charging tenants for garage usage.
Property Details
Price:
$2,895,000
MLS #:
260016353SD
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92116normalheights
Listed Date:
Jul 6, 2026
Lot Size:
6,258 sqft / 0.14 acres (approx)
See this Listing
Schools
Interior
Cooling
WW
Heating
WL
Exterior
Construction Materials
STC, DWAL
Parking Spots
9
Parking Total
9
Financial
Map
Community
- Address4629 Bancroft St. San Diego CA
- CitySan Diego
- CountySan Diego
- Zip Code92116
Subdivisions in San Diego
- 18th Unit 18U
- Bay Park
- Bayridge BRID
- Bayside Condos 31201
- Campo
- Canyon Rim CR
- Carmel Mountain Ranch
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Market Summary
Current real estate data for Commercial in San Diego as of Oct 05, 2026
200
Commercial Listed
144
Avg DOM
$3,518,830
Avg List Price
Property Summary
- 4629 Bancroft St. San Diego CA is a Commercial for sale in San Diego, CA, 92116. It is listed for $2,895,000 To schedule a showing of MLS#260016353sd at 4629 Bancroft St. in San Diego, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of South Coast Commercial, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.4629 Bancroft St.
San Diego, CA
