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  • MLS#: 260003585SD ( )
  • Street Address: 4847 Mansfield Street
  • Viewed: 9
  • Price: $2,095,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1925
  • Bldg sqft: 0
  • Days On Market: 13
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92116
  • Subdivision: Normal Heights
  • Provided by: Keller Williams La Jolla
  • Contact: Patrick Patrick
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Turn key and beautifully upgraded, this exceptional 4 unit investment opportunity in North Normal Heights offers the perfect blend of strong income, lifestyle flexibility, and long term upside. Currently producing $129,900 per year in gross income, the property consists of four separate detached homes a rare configuration that provides privacy, desirability, and premium tenant appeal. The front residence is a spacious 3 bedroom, 2 bath, approximately 1,200 SF home featuring in unit laundry, off street parking, and its own private yard, creating an ideal owner occupant opportunity. Live comfortably in the front home while collecting approximately $80,760 annually from the three additional units, making this a compelling house hack or portfolio addition. Each home is individually metered for gas and electric and offers dedicated off street parking, while the rear three residences enjoy access to a thoughtfully landscaped shared backyard space. Extensive capital improvements provide peace of mind, including a new sewer line, updated plumbing, new foundations, and new roofs across all four units, with two of the homes completed as new construction in 2022. Situated in one of Metro San Diegos most sought after neighborhoods, the property offers unbeatable proximity to the vibrant shops, restaurants, coffee houses, and nightlife along Adams Avenue, as well as easy access to major freeways and surrounding communities. This is a rare opportunity to own a low maintenance, high performing asset in the heart of Normal Heights with both lifestyle and investment appeal.
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Features
Association Fee
  1. 0.00
Cooling
  1. Central Air
  2. Zoned
Country
  1. US
Levels
  1. One
Netoperatingincome
  1. 90930.00
Parcel Number
  1. 4402320700
Park Name
  1. Mansfield St
Pool Features
  1. None
Sourcesystemkey
  1. 260003585:SDP
Subdivision Name Other
  1. Normal Heights
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Year Built
  1. 1925