4668 39th St

$2,350,000
Price
8
Beds
3,377 Sq. Ft.
$696 / Sq. Ft.
3,377
Sq. Ft.
$696
per Sq. Ft.

Description

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...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.

Property Details for 4668 39th Street

Neighborhood
North Park
Community
NORMAL HEIGHTS
View
Parklike
Zoning
R-3
Area Zip
SAN DIEGO (92116)
Standard Status
Active
LISTING UPDATED: 11/10/2025 02:03 AM

Property Details for 4668 39th Street

StatusActive
MLS #250043568
Days on Market47
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1985
Lot Size0.10 AC / 4,345 SF
CountySan Diego County

Location

Listing Courtesy of Michael Stowers, Brian Jackel, DRE #01858355
Add your commute

Building Information for 4668 39th Street

Stories2Residences4Year Built1985Building Size-Lot Size0.10 AC / 4,345 SF

Payment Calculator

$12,093 per month

30 year fixed, 6.28% Interest

Principal and Interest

$11,612

Property Taxes

$481

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4668 39th Street

Summary
Location and General Information
  • Coordinates: -117.111395, 32.762693
  • Latitude: 32.762693
  • Longitude: -117.111395
  • Directions: Adams Ave to 39th st CrossStreet: Adams Ave
  • MLS Area Major: Metro Uptown
  • Water Source: Meter on Property
  • Building Name: 4668 39th
Taxes and HOA
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Property
Lot Information
  • Building Area Total: 3377.0
  • Building Area Units: Sqft
  • Living Area: 0
  • Living Area Units: Sqft
  • Lot Size Area: 0.1
  • Lot Size Square Feet: 4345.0
  • Lot Size Units: Acres
  • Lot Size: 4,000-7,499 SF
Property and Assessments
  • Parcel Number: 440-592-08-00
  • Property Sub Type: Res Income 2-4 Units
  • Property Type: Residential Income
  • Age Restrictions: N/K
  • Disclosures: Incorporated
  • Jurisdiction: Incorporated
  • Year Built: 1985
Utilities
  • Sewer: Sewer Connected
  • Utilities: Sewer Connected
  • Heat Source: Electric
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco
  • Fencing: Full, Gate
  • Roof: Rolled/Hot Mop
  • Community Features: Gated Community, Laundry Facilities
  • Security Features: N/K
  • Number Of Buildings: 1
Interior Features
  • Bathrooms Full: 6
  • Bathrooms Half: 3
  • Stories Total: 2
  • Cooling: Zoned Area(s)
  • Heating: Zoned Areas
  • Levels: 2 Story
  • Bedrooms Count: 8
  • Baths Total: 9.0
Multi Family
Income & Expenses
  • Operating Expense: $0
  • Gross Rent Multiplier Act: 0
  • Other Income Actual: $0
  • Gross Scheduled Income: $0
Multi Family Information
  • Unit Numfor Unit1: #1
  • Unit Numfor Unit2: #2
  • Unit Numfor Unit3: #3
  • Unit Numfor Unit4: #4
  • Unit 1 Projected Rent: $3,450
  • Unit 2 Projected Rent: $3,150
  • Unit 3 Projected Rent: $3,150
  • Unit 4 Projected Rent: $2,950
  • Num Units w Cooling: 4
  • Number Of Units Total: 4
Rental
Rent Information
  • Tenant Pays: Electricity, Hot Water
  • Pets Allowed: Yes

Property History for 4668 39th Street

DateEvent & SourcePriceAppreciation
Nov 7, 2025

Listed (Active)

CRMLS #250043568SD

$2,350,000
Nov 6, 2025

Listed (Active)

SDMLS #250043568

$2,350,000
Nov 6, 2025

Listed (Active)

CLAW #250043568SD

$2,350,000
Jul 11, 2025

Sold

CRMLS #250021442SD

$1,500,000
Jul 11, 2025

Sold

SDMLS #250021442

$1,500,000
Jul 11, 2025

Sold

CLAW #250021442SD

$1,500,000
Jun 23, 2025

Pending

SDMLS #250021442

Jun 23, 2025

Pending

CLAW #250021442SD

Jun 17, 2025

Sold (Public Record)

Public Record #1904033407

$1,500,000
Apr 10, 2025

Listed (Active)

CLAW #250021442SD

Apr 3, 2025

In Contract

CLAW #250021442SD

Apr 3, 2025

Listed (Active)

CLAW #250021442SD

$1,875,000
Mar 16, 2025

Pending

CLAW #250021442SD

Mar 15, 2025

Pending

CRMLS #250021442SD

Mar 13, 2025

Listed (Active)

CRMLS #250021442SD

$1,875,000
Mar 12, 2025

Listed (Active)

CLAW #250021442SD

$1,875,000
Mar 12, 2025

Listed (Active)

SDMLS #250021442

$1,875,000
DateEvent & SourcePrice
11/07/2025

Listed (Active)

CRMLS #250043568SD

$2,350,000
11/06/2025

Listed (Active)

SDMLS #250043568

$2,350,000
11/06/2025

Listed (Active)

CLAW #250043568SD

$2,350,000
07/11/2025

Sold

CRMLS #250021442SD

$1,500,000
07/11/2025

Sold

SDMLS #250021442

$1,500,000
07/11/2025

Sold

CLAW #250021442SD

$1,500,000
06/23/2025

Pending

SDMLS #250021442

06/23/2025

Pending

CLAW #250021442SD

06/17/2025

Sold (Public Record)

Public Record #1904033407

$1,500,000
04/10/2025

Listed (Active)

CLAW #250021442SD

04/03/2025

In Contract

CLAW #250021442SD

04/03/2025

Listed (Active)

CLAW #250021442SD

$1,875,000
03/16/2025

Pending

CLAW #250021442SD

03/15/2025

Pending

CRMLS #250021442SD

03/13/2025

Listed (Active)

CRMLS #250021442SD

$1,875,000
03/12/2025

Listed (Active)

CLAW #250021442SD

$1,875,000
03/12/2025

Listed (Active)

SDMLS #250021442

$1,875,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4668 39th Street

Taxable ValueLand$172,433Additions$242,986Total$415,419
Tax Record2025$5,771 ($481 / month)
Home Facts
Total Finished SqFt3,377 SqFtAbove Grade Finished SqFt3,377 SqFtLot Size4,345 SqFtStyleMulti-Family Dwelling (2-4)Year Built1985ZoningR-3:RESTRICTECountySAN DIEGOAPN440-592-08-00

Schools near 4668 39th Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Normal Heights Elementary School
PublicK to 5

Wilson Middle School
Public6 to 8

Hoover High School
Public9 to 12

San Diego Global Vision Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4668 39th Street is a multi-family home for sale in San Diego, CA 92116. This property was listed for sale on November 6, 2025 by Michael Stowers, it's currently listed at $2,350,000. It has been on the market for a total of 47 days and was last sold on July 11, 2025. This listing's school district is San Diego Unified School District. Nearby schools include Normal Heights Elementary School, Wilson Middle School and Hoover High School. 4668 39th Street is a 8-bed, 9-bath, 3,377 sqft multi-family home built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Michael Stowers, Brian Jackel, DRE #01858355

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