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Brian Aarestad, Sales Associate
SOLD
$2,775,000
Date 07/24/2023

4669 Iowa St
San Diego, CA 92116

Mixed Use
Residence
Listing Agent: Carson Trujillo CalDRE: 01974818 - Marcus & Millichap
Pleased to present for sale a 9-unit multifamily property located in San Diegos Normal Heights neighborhood. Built in 1986, this property sits on a 6,565 SF lot and boasts 4,109 SF of rentable space. The property at 4669 Iowa St features nine one-bedroom/one-bathroom units, seven of which have been recently updated with contemporary finishes such as new flooring, kitchens, and bathrooms. Tenants can enjoy access to a secure gated entry courtyard, on-site parking, and on-site coin-operated laundry. With current rents approximately 30% below market value, an investor could easily increase profits with minimal effort. The propertys prime location in Normal Heights, with a walk score of 92, is less than a block away from Adams Ave, which is lined with restaurants, bars, shops, and attractions. Normal Heights is a sought-after neighborhood that attracts high-quality tenants, making this property a smart investment for years to come.
230008673SD
Mixed Use, Other
San Diego
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Data Provided by Onboard
Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Carson Trujillo CalDRE: 01974818 - Marcus & Millichap
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