4668 39th Street

San Diego CA 92116

3377 sq. ft.

4345 sq. ft.

Multi-Family

Last sold for $2,100,000

Brian Jackel, last sold this property on 08 May 2026 after 181 days on market.

Overview

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.

Features

8 bedrooms

9 bathrooms

3377 sq. ft. floor area

4345 sq. ft. lot size

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in San Diego over the last 12 months.

Property history for 4668 39th Street

2026

Sold

$2,100,000

08 May 2026 by Brian Jackel, of Michael Stowers

2025

Sold

$1,500,000

11 Jul 2025 by Kevin Hemstreet, of South Coast Commercial

Happy sellers in San Diego

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