About 4629 Bancroft St.
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.
Features of 4629 Bancroft St.
| MLS® # | 260016353SD |
|---|---|
| Price | $2,895,000 |
| Bathrooms | 0.00 |
| Acres | 0.14 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 4629 Bancroft St. |
|---|---|
| Area | 92116 - Normal Heights |
| City | San Diego |
| County | San Diego |
| Zip Code | 92116 |
Amenities
| Parking Spaces | 9 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Drywall, Stucco |
|---|---|
| Construction | Drywall, Stucco |
Additional Information
| Date Listed | July 6th, 2026 |
|---|---|
| Days on Market | 69 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Mark Morgan |
|---|---|
| Office | South Coast Commercial, Inc. |