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For sale
  • $1,250,000

    3935-41 Madison Ave, San Diego, CA 92116

    2beds
    --sqft
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    Multi Family
    Built in 1956
    -- sqft lot
    $1,240,600 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Cozy fireplaceFull kitchenSeparate kitchenLuxurious jetted soaking tubProminent corner lotWalk-in showerAbundant street parking
    Exceptional investment opportunity in the heart of highly desirable Normal Heights. Situated on a prominent corner lot, this well-maintained four-unit property consists of (2) one-bedroom residences and (2) studio apartments, offering a diverse unit mix that appeals to a broad tenant base and supports strong rental demand. Each residence is thoughtfully designed with its own unique character, full kitchen, and washer/dryer hookups—highly desirable amenities that help attract and retain quality tenants.The upper one-bedroom residence features a spacious private balcony overlooking the neighborhood and a cozy fireplace, while the upstairs studio offers a luxurious jetted soaking tub and walk-in shower. The lower one-bedroom includes an oversized kitchen with breakfast seating and direct access to a private additional bonus room, and the downstairs studio lives larger than its square footage suggests with a separate kitchen and dedicated laundry area that can be closed off from the living space.Ideally located with excellent walkability to Ward Canyon Park, neighborhood coffee shops, grocery stores, and the popular dining destinations of both Normal Heights and Kensington, the property also enjoys convenient access to Interstate 15. Investors will appreciate the easy-maintenance, drought-tolerant landscaping, abundant street parking, and prime urban location that continues to attract strong tenant demand, making this an outstanding opportunity to own an income-producing asset in one of San Diego's most sought-after neighborhoods.
    23 days
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    559
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    34
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    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Goldstein Tucci DRE #01380034 619-787-6852,

    Melissa Goldstein Tucci

    Source: SDMLS,MLS#: 260015824MLS LogoOriginating MLS: SDMLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Wall/Gravity
      Cooling
      • Other/Remarks
      Interior area
      • Total structure area: 0
      Video & virtual tour

      Property

      Features
      • Levels: 2 Story
      • Pool features: N/K
      • Spa features: N/K
      • Fencing: Full
      Lot
      • Size: 2,613 Square Feet
      Details
      • Parcel number: 4470622800

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood/Stucco
      • Roof: Rolled/Hot Mop
      Condition
      • Year built: 1956

      Utilities & green energy

      • Utilities for property: Sewer Connected

      Community & HOA

      Community
      • Features: Laundry Facilities
      • Security: N/K
      • Subdivision: NORMAL HEIGHTS
      Location
      • Region: San Diego

      Financial & listing details

      • Tax assessed value: $214,958
      • Annual tax amount: $3,263
      • Date on market: 6/29/2026
      • Listing terms: Cash,Conventional
      • Tenant pays: Sewer, Water, Cable TV, Electricity

        Estimated market value

        $1,240,600

        $1.18M - $1.30M

        $3,659/mo

        Price history

        DateEventPrice
        6/30/2026Listed for sale$1,250,000+5334.8%
        Source: SDMLS #260015824 Report a problem
        6/13/1997Sold$23,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,263 +23.8%$214,958 +2%
        2024$2,635 +2.3%$210,744 +2%
        2023$2,575 +2.7%$206,613 +2%
        2022$2,506 +0.7%$202,563 +2%
        2021$2,489 +1.2%$198,592 +1%
        2020$2,460 +3.6%$196,557 +2%
        2019$2,374 +5%$192,704 +2%
        2018$2,260 +2.5%$188,927 +2%
        2017$2,206 +1.8%$185,224 +2%
        2016$2,168 +1.5%$181,593 +1.5%
        2015$2,136 +1.5%$178,866 +2%
        2014$2,104 $175,363 +0.5%
        2013-- $174,571 +2%
        2012-- $171,149 +2%
        2011-- $167,794 +0.8%
        2010-- $166,540 -0.2%
        2009-- $166,936 +2%
        2008-- $163,664 +2%
        2007-- $160,456 +2%
        2006-- $157,311 +2%
        2005-- $154,228 +2%
        2004-- $151,205 +1.9%
        2003-- $148,435 +2%
        2002-- $145,525 +2%
        2001-- $142,672
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Normal Heights

        Getting around

        80 / 100
        Very Walkable
        50 / 100
        Good Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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