3488 Monroe Avenue

San Diego, CA
$ 1,900,000 Beds 0 Baths 1 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,900,000
  • City
  • San Diego
  • Bedrooms
  • 0
  • Full Bathrooms
  • 1
  • County
  • San Diego
  • Half Bathrooms
  • 0
  • Area
  • Normal Heights
  • Lot Size
  • Zip
  • 92116
  • Year Built
  • 1976
  • Style
  • MLS#
  • 260008022SD
Listed By: Amy Yahnke with SD Real Estate Solutions; 619-723-3734
Data Source: California Regional MLS (CRMLS)

Features

General

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
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

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/6/2026 Listed $2,150,000
6/12/2026 5% - $2,050,000
8/24/2026 7% - $1,900,000

Property vs Zip Code Average in 92116

Price
AVG $1.64M
$1.9M
Year Built
AVG 1941
1976

Areas That We Cover

3488 Monroe Avenue San Diego, CA is a Single Family Home for sale at $1900000 and a lot size of Acre(s). 3488 Monroe Avenue San Diego has 0 bedrooms, 1 baths and was built in 1976. The property's zip code is 92116 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.