Price Reduction
Address
3488 Monroe Avenue, San Diego, CA
Price
$ 1,900,000
Property Attributes
- MLS#260008022SD
- TypeSingle Family
- Listing Status Active
- CountySan Diego
- CitySan Diego
- Area Normal Heights
- NeighborhoodNormal Heights
- Zip92116
- Style
- Year Built1976
- Price$ 1,900,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
Data Source:
California Regional MLS (CRMLS)
Property Description
Four 2 Bedroom Units! Normal Heights 4plex only 2 blocks to Adams Avenue. The property consists of a front 2 Bedroom/1Bath SFR + three 2Bed/1Bath apartments in rear. New windows just installed in SFR. Front house features its own 1 car garage plus 2 tandem parking spaces. The rear units feature 4 carports plus an extra parking space. Smaller cars can park tandem in the carports. The front house has its own private front and rear yard space and private laundry in the garage. The rear units enjoy an on-site laundry room and security gated access. All units feature beautiful butcher-block countertops or granite, stainless steel appliances including dishwashers. The bathrooms feature stone/slate showers. Very well located just 2 blocks south of Adams Ave. and the iconic Normal Heights sign, in the exclusive area of Normal Heights. The residents enjoy the walkability to eateries, bars, shops, services, and public transportation. Residents can walk 2 blocks north and explore all that Normal Heights has to offer. Location Location Location! This turnkey 4 unit complex is located in the heart of hip and happening Normal Heights. There is no shortage of tenants waiting to live just 2 blocks from the epicenter of Normal Heights that is Adams Avenue. In this location a car is optional with Downtown San Diego only a 25 minute bike ride away. Coupled with the close proximity to SDSU, easy freeway access, 11 minute drive to the beach, the residents enjoy the central San Diego location of 3488 Monroe Avenue.
| Price History | |
|---|---|
| 4/6/2026 | Listed $2,150,000 |
| 6/12/2026 | 5$2,050,000 |
| 8/24/2026 | 7$1,900,000 |
General Features
| Cooling | None |
|---|---|
| Possession | SeeRemarks |
| Year Built | 1976 |
| Tenant Pays | Electricity |
| Stories Count | 1 |
| Levels | One |
| County | San Diego |
| Net Operating Income | 93450 |
| Property Type | ResidentialIncome |
| Subdivision Name | Normal Heights |
| Status | Active |
| Directions | 35th to Monroe Avenue CrossStreet: 35th |
| City | San Diego |
| Senior Community Y/N | false |
| Number Of Units Total | 4 |
| MLS Area | 92116 - Normal Heights |
| Listing Terms | Cash,Conventional |
| Virtual Tour | https://www.propertypanorama.com/instaview/snd/260008022 |
| Standard Status | Active |
| Cap Rate | 4.3 |
| PostalCity | SAN DIEGO |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | false |
| Heating Y/N | true |
Exterior Features
| Park Name | N/A |
|---|---|
| Number of Buildings | 2 |
| Spa | false |
| Lot Size Source | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92116
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 11, 2026 11:31 PM UTC This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
