3935-41 Madison Ave
San Diego, CA 92116
$1,249,000
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.
| Listing Id: | 260026256 |
|---|---|
| List Price: | $1,249,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 2 |
| Bathrooms Full: | 4 |
| Association Fee: | $0 |
| Lot Size Square Feet: | 2,414.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Subdivision Name: | Normal Heights |
| Postal Code: | 92116 |
| Year Built: | 1956 |
| Number Of Units Total: | 4 |
| Basement: | false |
| Bathrooms Total Integer: | 4 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Wood/Stucco |
| Cooling: | Other/Remarks |
| Fencing: | Full |
| Heating: | Wall/Gravity |
| Levels: | 2 Story |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.06 |
| Lot Size Units: | Acres |
| MLS Area Major: | Metro Uptown |
| Parcel Number: | 447-062-28-00 |
| Photos Change Timestamp: | 2026-11-04T01:59:28Z |
| Pool Features: | N/K |
| Roof: | Rolled/Hot Mop |
| Spa Features: | N/K |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories Total: | 2 |
| Utilities: | Sewer Connected |
| Sdmls Neighborhood: | Normal Heights |
| Building Name: | 3935-3941 Madison Ave |
| Sdmls Area Zip: | SAN DIEGO (92116) |
| Sdmls Lvt Date: | 2026-11-03 |
| Original List Price: | $1,249,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Community Features: | Laundry Facilities |
| Heat Source: | Natural Gas |
| Possession: | Call Listing Agent |
| Security Features: | N/K |
| Site: | Corner Lot, Curbs, Irregular Lot, Public Street, Sidewalks, Street Paved |
| Tenant Pays: | Sewer, Water, Cable TV, Electricity |
| Listing Terms: | Cash, Conventional |
| Sdmls Short Sale: | No |
| Sdmls Unit Numfor Unit1: | 3935 |
| Sdmls Unit Numfor Unit2: | 3937 |
| Sdmls Unit Numfor Unit3: | 3939 |
| Sdmls Unit Numfor Unit4: | 3941 |
| Sdmls Internet Address: | 3935-41 Madison Ave |
| Sdmls Unit1 Projected Rent: | 2,350 |
| Sdmls Unit2 Projected Rent: | 2,050 |
| Number Of Buildings: | 1 |
| Sdmls Max Search Price: | 1,249,000 |
| Sdmls Unit3 Projected Rent: | 2,350 |
| Sdmls Unit4 Projected Rent: | 2,050 |
| Sdmls Geo Update Timestamp: | 2026-11-04T01:59:24Z |
| Sdmls Full Address: | 3935-41 Madison Ave |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260026256 |
| Sdmls Unit1 Full Baths: | 1.0 |
| Sdmls Unit2 Full Baths: | 1.0 |
| Sdmls Unit3 Full Baths: | 1.0 |
| Sdmls Unit4 Full Baths: | 1.0 |
| Sdmls Unit1 Beds: | 1.0 |
| Sdmls Unit3 Beds: | 1.0 |
| Sdmls Lot Size: | 1-3, 999 SF |
| On Market Date: | 2026-11-03 |
Listing Courtesy of: Melissa Goldstein Tucci
Listing Agent: Melissa Goldstein Tucci
619-787-6852
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 03, 2026 10:58 PM - PT.
Property Last Updated: November 03, 2026 10:58 PM - PT
