Madison Ave, San Diego, CA 92116

Local realty services provided by:ERA Donahoe Realty
Madison Ave,San Diego, CA 92116
$2,700,000
Virtual Tour
  • 8 Beds
  • 8 Baths
  • 5,292 sq. ft.
  • Multi-family
  • Active
Listed by:peter l giacalone
Office:eng properties
MLS#:250035095
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,700,000
  • Price per sq. ft.:$510.2

About this home

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.

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Home facts

  • Listing ID #:250035095
  • Added:60 day(s) ago
  • Updated:October 01, 2025 at 01:59 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Living area:5,292 sq. ft.

Heating and cooling

  • Heating:Wall

Structure and exterior

  • Roof:Composition
  • Building area:5,292 sq. ft.

Finances and disclosures

  • Price:$2,700,000
  • Price per sq. ft.:$510.2
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