4580 33rd St, Normal Heights, CA 92116
- $2,500,000
- 14
- BD
- 2
- BA
- 5,414
- SqFt
Listing courtesy of Listing Agent: Christina M Labowicz (858-876-5701) from Listing Office: ACI Apartments.
Selling Office: ACI Apartments.- Sold Price
- $2,500,000
- List Price
- $2,595,000
- Status
- CLOSED
- Days on Market
- 64
- Closing Date
- Mar 27, 2026
- MLS#
- 260001643
- Subtype
- Residential Income
- Bedrooms
- 14
- Bathrooms
- 2
- Full Baths
- 8
- Living Area
- 5,414
- Lot Size
- 6,251
- Acres
- 0.14
- MLS Area Major
- San Diego Central
Property Description
Welcome to Sun Villas, a well-located 8-unit asset in the heart of Normal Heights with a Walk Score of 92, offering walkable access to Adams Avenue, the cultural energy of North Park, and the charm of neighboring Kensington. One of San Diego’s most resilient submarkets, the area consistently attracts long-term tenants, supporting strong rent durability and low vacancy. The current in-place cap rate supports pricing based on existing cash flow and recent comparable sales on a price-per-unit basis. The property features a rare and highly functional unit mix of (6) 2-bedroom units and (2) 1-bedroom units—an uncommon configuration in the 92116 submarket—along with on-site laundry and 8 parking spaces, a scarce and highly desirable amenity in San Diego. Combined with efficient layouts, thoughtful improvements to most units, and rents positioned just below nearby comparables, Sun Villas offers a stable, defensible income profile with organic upside and long-term hold appeal.
Additional Information
- Flooring
- Slab
- Heating
- Wall Unit(s)
- Stories
- 2
- Levels
- Two
- Parking Features
- Parking Spaces
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