Nesbitt Bungalow Court w/Carriage House; a Developers Dream 1/2 block North of Adams, a unique historic Mills Act ready real estate portfolio add, or first time buyer move in w/supplemental income from 3 rentals w/ 1 as Air BnB (1 unit permitted). Multiple options exist on this lot - value add ADU/parking for an upgrade, Development Upside/Infill Opportunity Zone with SB 10 bonus density (current 5 units to new 10 units or more). Nestled in the super hip Normal Heights corridor between the 805 & 15 fwys, this 5 unit multifamily (individually metered with 4 water & 5 electric) has class and charm. Several 100k remodels completed over the past 18 years by former owners (architects) and current owner (real estate broker). Prestige continues with Mills Act (up to 80% reduction on property taxes), transform the carriage house (ADU w/parking underneath), or do nothing and move in! Recently restored/added: Foundations, Hot tub/Spa, community fire pits, individual unit washer/dryers, new hot water heaters, al fresco dining, fire pits, original hardwoods, redwood roofing/framing, custom milled cabinetry/built ins, craftsman collapsible ironing boards/hanging picture rails, interior fireplaces, covered front patios, large back communal and private side patios with separate entrances & new fences. Historic records show that this property was occupied by many military officers and influential San Diegans from 1920-1960's. Foundations restored 2021, attics/roofs insulation restored 2020, sewer pipe and sidewalks relined 2017, bathrooms and kitchens restored 2021, landscape and more!
Sold for $1,740,000
$1,740,000
4754-58 Bancroft St, San Diego, CA 92116
5beds
--sqft
Multi Family
Built in 1926
-- sqft lot
$1,818,400 Zestimate®
$--/sqft
$3,066 Estimated rent
Home value
$1,818,400
$1.69M - $1.96M
$3,066/mo
Zestimate® history
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List your homeWhat's special
Carriage houseSeparate entrancesPrivate side patiosNew stoneNew vanitiesOld ice boxesItalian style lighting
Zillow last checked:
Listing updated:
Listed by:
Jason L Coleman DRE #01980674 619-273-3180,
Jag Real Estate Lifestyle
Bought with:
Kevin F Sheedy, DRE #01783042
Kevin Sheedy Realty
Source: SDMLS,MLS#: 230023837
Originating MLS: SDMLS
Originating MLS: SDMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Fireplace, Wall/Gravity
Cooling
- Wall/Window, Zoned Area(s)
Features
- Number of fireplaces: 1
Interior area
- Total structure area: 2,022
Property
Features
- Levels: 1 Story
- Pool features: Above Ground, Community/Common
- Spa features: Community/Common, Private Portable
- Fencing: Full,Gate
- Has view: Yes
- View description: Mountains/Hills
Lot
- Dimensions: 48 x 121 x 49
Details
- Parcel number: 4393822700
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stone, Wood
- Roof: Composition,Wood
Condition
- Year built: 1926
Utilities & green energy
- Water: Meter on Property, Other/Remarks
- Utilities for property: Sewer Available
Community & HOA
Community
- Features: BBQ, Gated Community, Laundry Facilities, Spa/Hot Tub
- Security: Closed Circuit TV, Gated Community, Other/Remarks
- Subdivision: NORMAL HEIGHTS
HOA
- Services included: Cable/TV Services, Exterior (Landscaping), Exterior Bldg Maintenance
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,774,800
- Annual tax amount: $22,779
- Date on market: 12/9/2023
- Listing terms: Cal Vet,Cash,Conventional,Exchange,FHA
- Tenant pays: N/K
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2024 | Sold | $1,740,000+2.3% |
Source:  SDMLS #230023837 Report a problem | ||
| 3/22/2024 | Pending sale | $1,700,400+0% |
Source: SDMLS #230023837 Report a problem | ||
| 2/8/2024 | Listing removed | -- |
Source: SDMLS #230023837 Report a problem | ||
| 1/16/2024 | Price change | $1,700,000-2.9% |
Source: SDMLS #230023837 Report a problem | ||
| 12/12/2023 | Listed for sale | $1,750,000+33.6% |
Source: SDMLS #230023837 Report a problem | ||
| 2/21/2020 | Sold | $1,310,000+0.8% |
Source: Public Record Report a problem | ||
| 11/16/2019 | Listing removed | $1,299,000 |
Source: Apartment Consultants, Inc. #190061482 Report a problem | ||
| 11/14/2019 | Listed for sale | $1,299,000+95.3% |
Source: Apartment Consultants, Inc. #190061482 Report a problem | ||
| 3/5/2007 | Sold | $665,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,779 +31.7% | $1,774,800 +26.4% |
| 2024 | $17,296 +2.3% | $1,404,580 +2% |
| 2023 | $16,914 +2.7% | $1,377,041 +2% |
| 2022 | $16,464 +0.7% | $1,350,041 +2% |
| 2021 | $16,351 +62.5% | $1,323,571 +62.5% |
| 2020 | $10,061 +2.2% | $814,627 +2% |
| 2019 | $9,839 +6.5% | $798,655 +2% |
| 2018 | $9,238 +10.7% | $782,996 +10.3% |
| 2017 | $8,344 +1.1% | $710,000 +1.4% |
| 2016 | $8,255 0% | $700,000 |
| 2015 | $8,257 +7.2% | $700,000 +7.7% |
| 2014 | $7,700 | $650,000 +23.8% |
| 2013 | -- | $525,000 |
| 2012 | -- | $525,000 |
| 2011 | -- | $525,000 |
| 2010 | -- | $525,000 |
| 2009 | -- | $525,000 -22.6% |
| 2008 | -- | $678,300 +6.5% |
| 2007 | -- | $636,724 +2% |
| 2006 | -- | $624,240 +2% |
| 2005 | -- | $612,000 +2% |
| 2004 | -- | $600,000 +1163% |
| 2003 | -- | $47,506 +2% |
| 2002 | -- | $46,576 +2% |
| 2001 | -- | $45,664 |
Find assessor info on the county website
Neighborhood: Normal Heights
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Nearby schools
GreatSchools rating
- 7/10Adams Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Wilson Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Hoover High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,818,400
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Estimated market value
$1,818,400
- California
- San Diego County
- San Diego
- 92116
- Normal Heights
- 4754-58 Bancroft St
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