Stacey Alysson Melman

53 Mansfield Street San Diego CA 92116 MLS #260006698SD

53 Mansfield Street
San Diego, CA, 92116
$1,995,000
Beds
0 Baths
0 SqFt
0.14 Acres
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MLS #260006698SD image #0
Turn-key and beautifully upgraded, this exceptional 4-unit investment opportunity in North Normal Heights offers the perfect blend of strong income, lifestyle flexibility, and long-term upside. Currently producing $129,900 per year in gross income, the property consists of four separate detached homes — a rare configuration that provides privacy, desirability, and premium tenant appeal. The front residence is a spacious 3-bedroom, 2-bath, approximately 1,200 SF home featuring in-unit laundry, off-street parking, and its own private yard, creating an ideal owner-occupant opportunity. Live comfortably in the front home while collecting approximately $80,760 annually from the three additional units, making this a compelling house-hack or portfolio addition. Each home is individually metered for gas and electric and offers dedicated off-street parking, while the rear three residences enjoy access to a thoughtfully landscaped shared backyard space. Extensive capital improvements provide peace of mind, including a new sewer line, updated plumbing, new foundations, and new roofs across all four units, with two of the homes completed as new construction in 2022. Situated in one of Metro San Diego’s most sought-after neighborhoods, the property offers unbeatable proximity to the vibrant shops, restaurants, coffee houses, and nightlife along Adams Avenue, as well as easy access to major freeways and surrounding communities. This is a rare opportunity to own a low-maintenance, high-performing asset in the heart of Normal Heights with both lifestyle and investment appeal.
AGENT: Patrick Mercer
LISTING BROKERAGE: Keller Williams La Jolla
53 Mansfield Street
San Diego, CA

Property Details

Price:
$1,995,000
MLS #:
260006698SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Normal Heights
Neighborhood:
92116normalheights
Listed Date:
Mar 21, 2026
Lot Size:
6,298 sqft / 0.14 acres (approx)
Year Built:
1925
92116 – Normal Heights92116normalheightsNormal Heights
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Financial

Net Operating Income
$90,930

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