$2,325,000
$2,500,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
4639 Iowa Street San Diego, CA 92116
5 Beds
5,326 SqFt
Key Details
Sold Price $2,325,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
Square Footage 5,326 sqft
Price per Sqft $436
MLS Listing ID 250042275
Sold Date 11/20/25
Bedrooms 5
Lot Size 6,162 Sqft
Property Sub-Type Com-Res Income
Property Description
4639 Iowa Street is a fantastic value-add investment that offers an investor 15% upside in rents in the rapidly accelerating rental market of Normal Heights. The 5,326 square foot structure built in 1972 is situated on a 6,162 square foot lot just a half block from Adams Avenue. The property features one 2 Bedroom / 2 Bath, two 2 Bedroom / 1 Bath, and five 1 Bedroom / 1 Bath units, each with large floorplans. Ownership has made improvements to the units upon turnover and the roof was redone in 2025 along with exterior paint. In addition, the property offers a common laundry space with a washer/dryer and 2 double garages. Please do not walk on the property or disturb tenants.
Location
State CA
County San Diego
Area Metro Uptown
Interior
Fireplace No
Exterior
View Y/N No
Total Parking Spaces 8
Building
Story 2
Others
Senior Community No
Tax ID 4639 Iowa Street is
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Bought with Benn Vogelsang NorthMarq Multifamily