Madison Ave, Property Listing: MLS® #250035095

Exceptional 8-unit multifamily opportunity in the heart of Normal Heights — one of San Diego’s most walkable and vibrant neighborhoods. This well-maintained property features eight 1-bedroom, 1-bath units, each offering comfortable layouts and consistent tenant demand. Residents enjoy convenient access to the 805, 8, and 15 freeways, along with a dynamic mix of nearby cafes, restaurants, and entertainment options. The property is fully landscaped and includes 8 off-street parking spaces — a rare and valuable amenity in this high-density area. With stable occupancy and significant upside in rental income, investors have a clear path to increased cash flow through strategic rent adjustments and the implementation of RUBS (Ratio Utility Billing System) for utilities such as water and trash. This is a strong value-add opportunity in a core San Diego submarket, ideal for investors seeking long-term growth and operational efficiency.

Madison Ave, Property Listing: MLS® #250035095 Close
Page Summary
  • MLS® #: 250035095
  • Madison Ave
  • , CA 92116
  • $2,700,000
  • 8 Beds, 8 Bath, 5292 SqFt, 0.15 Acres
  • Office: Eng Properties

Exceptional 8-unit multifamily opportunity in the heart of Normal Heights — one of San Diego’s most walkable and vibrant neighborhoods. This well-maintained property features eight 1-bedroom, 1-bath units, each offering comfortable layouts and consistent tenant demand. Residents enjoy convenient access to the 805, 8, and 15 freeways, along with a dynamic mix of nearby cafes, restaurants, and entertainment options. The property is fully landscaped and includes 8 off-street parking spaces — a rare and valuable amenity in this high-density area. With stable occupancy and significant upside in rental income, investors have a clear path to increased cash flow through strategic rent adjustments and the implementation of RUBS (Ratio Utility Billing System) for utilities such as water and trash. This is a strong value-add opportunity in a core San Diego submarket, ideal for investors seeking long-term growth and operational efficiency.

Essential Information

  • MLS® #250035095
  • Listing Price$2,700,000
  • List Price per Square Foot$510.20
  • Date ListedAugust 1st, 2025
  • Days on Market12
  • Bedrooms8
  • Bathrooms8.00
  • Square Footage5,292
  • Acres0.15
  • Lot Sq.Ft.6,534
  • TypeResidential Income
  • Sub-TypeCom-Res Income
  • StatusActive

Community Information

  • AddressMadison Ave
  • AreaSAN DIEGO (92116)
  • CountySan Diego
  • StateCA
  • Zip Code92116

Amenities

  • AmenitiesNone
  • Parking Spaces8
  • ParkingSpaces
  • Has PoolYes

Interior

  • HeatingWall
  • CoolingNone
  • FireplaceYes
  • # of Stories2
  • Stories2 Story

Exterior

  • RoofComposition
  • ConstructionFully Landscaped
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Listing information last updated on August 18th, 2025 at 9:13pm PDT.