Madison Avenue

San Diego CA 92116

5292 sq. ft.

0.15 ac.

Other

Currently for sale - view listing

Overview

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.

Features

8 bedrooms

8 bathrooms

8 carspaces

5292 sq. ft. floor area

0.15 ac. lot size

Other

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Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Peter Giacalone

at ENG Properties

View listing

Sales:: (619) 566-0008

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