Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

4

Lot size

6,225 sqft

Year built

1926

Stories

2

Heating

Combination

Cooling

Heat Pump

Status

Active

Days on market

50

MLS #

246568246

About this property

Turn-Key Fourplex with Strong Rents & Low-Maintenance Ownership. An excellent long-term investment opportunity in San Diego. The property features two 3-bedroom, 2-bath units, a 1-bedroom, 1-bath unit, and a studio. The two rear units were brand-new construction completed in 2023, while the studio was fully renovated in January 2026 and the front 3-bedroom unit received a complete interior repaint in 2026. Current rents are $5,145 and $4,800 for the 3-bedroom units, $2,995 for the 1-bedroom, and $2,200 for the studio, providing strong income across a desirable unit mix. Units feature modern kitchens, updated finishes, dual-pane windows, air conditioning, in-unit laundry, and private or shared outdoor spaces. With newer construction, recent improvements, strong rents, and limited anticipated upkeep, this is an ideal opportunity for an investor seeking a stabilized, easy-to-manage San Diego asset with excellent long-term potential.

Location

74 Bancroft St

San Diego, San Diego, CA, 92116