Madison Ave, CA

$2,700,000

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8

Beds

8

Baths

5,292

Square feet

0.15

Acres

About Madison Ave

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.

Features of Madison Ave

MLS® # 250035095
Price $2,700,000
Bedrooms 8
Bathrooms 8.00
Square Footage 5,292
Acres 0.15
Type Residential Income
Sub-Type Com-Res Income
Status Active

Community Information

Address Madison Ave
Area SAN DIEGO (92116)
County San Diego
State CA
Zip Code 92116

Amenities

Amenities None
Parking Spaces 8
Parking Spaces
Is Waterfront No
Has Pool Yes

Interior

Heating Wall
Cooling None
Fireplace Yes
# of Stories 2
Stories 2 Story

Exterior

Roof Composition
Construction Fully Landscaped

Additional Information

Date Listed August 1st, 2025
Days on Market 12
Zoning R-3:RESTRI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeENG Properties

Listing Map

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