Pending

3710 Madison Avenue

Normal Heights CA, 92116

$2,650,000


$397.90 per sqft

Pending

2 Beds

6,660 sqft

Commercial

POSSIBLE SELLER FINANCING. Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.

240014829

MLS ID

June 27, 2024

Listed

October 2, 2024

Updated

Map

3710 Madison Avenue
Normal Heights CA, 92116

Interior Features

Total Stories

2


Bedrooms

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Other Property Details

Area Name

Metro Uptown


Days on Market

78


Garage

No


Parking Total

8


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

9/13/2024

Pending

8/28/2024

Price change

$2,650,000

-6%

7/25/2024

Price change

$2,800,000

-4%

7/20/2024

Active

7/19/2024

Pending

Listed by NorthMarq Multifamily, Benn Vogelsang,
Listing Contact: 415-250-4947 

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