Address
4847 53 Mansfield Street, San Diego, CA
Price
$ 1,895,000
Property Attributes
- MLS#260015596SD
- TypeSingle Family
- Listing Status Active
- CountySan Diego
- CitySan Diego
- Area Normal Heights
- NeighborhoodNormal Heights
- Zip92116
- Style
- Year Built1925
- Price$ 1,895,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Lot Size0.1446 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
Turn-key and beautifully upgraded, this exceptional 4-unit investment opportunity in North Normal Heights offers the perfect blend of strong income, lifestyle flexibility, and long-term upside. Currently producing $129,900 per year in gross income, the property consists of four separate detached homes — a rare configuration that provides privacy, desirability, and premium tenant appeal. The front residence is a spacious 3-bedroom, 2-bath, approximately 1,200 SF home featuring in-unit laundry, off-street parking, and its own private yard, creating an ideal owner-occupant opportunity. Live comfortably in the front home while collecting approximately $80,760 annually from the three additional units, making this a compelling house-hack or portfolio addition. Each home is individually metered for gas and electric and offers dedicated off-street parking, while the rear three residences enjoy access to a thoughtfully landscaped shared backyard space. Extensive capital improvements provide peace of mind, including a new sewer line, updated plumbing, new foundations, and new roofs across all four units, with two of the homes completed as new construction in 2022. Situated in one of Metro San Diego’s most sought-after neighborhoods, the property offers unbeatable proximity to the vibrant shops, restaurants, coffee houses, and nightlife along Adams Avenue, as well as easy access to major freeways and surrounding communities. This is a rare opportunity to own a low-maintenance, high-performing asset in the heart of Normal Heights with both lifestyle and investment appeal.
| Price History | |
|---|---|
| 6/26/2026 | Listed $1,895,000 |
General Features
| Cooling | CentralAir,Zoned |
|---|---|
| Pool Features | None |
| Year Built | 1925 |
| Tenant Pays | CableTv,Electricity,Gas |
| Stories Count | 1 |
| Levels | One |
| County | San Diego |
| Net Operating Income | 90930 |
| Property Type | ResidentialIncome |
| Subdivision Name | Normal Heights |
| Status | Active |
| Directions | CrossStreet: Copley Ave. |
| City | San Diego |
| Senior Community Y/N | false |
| Number Of Units Total | 4 |
| MLS Area | 92116 - Normal Heights |
| Lot Size Units | SquareFeet |
| Lot Size Square Feet | 6298 |
| Listing Terms | Cash,Conventional,FHA,VaLoan |
| Virtual Tour | https://yono-pro.aryeo.com/videos/019c987b-3546-7364-b331-11b0f163bd92 |
| Standard Status | Active |
| Cap Rate | 5 |
| PostalCity | SAN DIEGO |
Interior Features
| Total Stories | 1 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Lot Size Area | 6298 |
|---|---|
| Park Name | Mansfield St |
| Number of Buildings | 4 |
| Spa | false |
| Lot Size Acres | 0.1446 |
| Private Pool | 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
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