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4754-58 Bancroft Street, San Diego, CA 92116
$1,740,000
4754-58 Bancroft Street, San Diego, CA 92116View this property at 4754-58 Bancroft Street, San Diego, CA 92116
4754-58 Bancroft StreetSan DiegoCA92116
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Property Description
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!
Full Property Details
Full Property Details for 4754-58 Bancroft St
General
- Sold For: $1,740,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 230023837
- Added to Site: 180 day(s) ago
Interior
- Number of Fireplaces: 4
Additional Information
- Shared Amenities: BBQ, Gated Community, Laundry Facilities, Spa/Hot Tub
- Pool: Yes
- Pool Description: Above-Ground, Community/Common
- Spa Description: Community/Common, Private Portable
- Security/Safety: Closed Circuit TV, Gated Community, Other/Remarks
Parking
- Garage Spaces: 2
Location
- Area: NORMAL HEIGHTS (92116)
- County: San Diego
- Subdivision: North Adams, Normal Heights
- Complex: Nesbitt Bungalow Court
- Driving Directions: 805 to Adams Ave. 15 to Adams Ave. North of Adams cross street is Collier. Alley entrance off Collier as well.
Community
- Assoc. Fees Include: Cable/TV Services, Exterior Landscaping, Exterior Building Maintenance
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Wall/Window Air Conditioning, Zoned Area(s)
- Heating Type: Fireplace, Wall/Gravity
- Heating Fuel: Natural Gas, Wood
- Water Heater: Gas, Tankless
Utilities
- Sewer: Sewer Available
- Water: Meter on Property, Other/Remarks
- Telecomm.: Cable (coaxial), Wired High Speed Internet, Security
Structural Information
- Roof: Composition, Wood
- Stories/Levels: 1
- Year Built: 1926
Unit Information
- Units Furnished: 4
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
- Units w/Patios: 5
- Units w/Cooling: 4
- Units w/Washers: 4
- Units w/Dryers: 4
Unit 1
- Square Feet: 468
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Square Feet: 468
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Square Feet: 468
- Total Bathrooms: 1
- Bedrooms: 1
- Parking: 1
Unit 4
- Square Feet: 618
- Total Bathrooms: 1
- Bedrooms: 2
- Parking: 1
Lot Features
- Property View: Mountains/Hills
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 5,860
- Lot Dimensions: 48 x 121 x 49
- Frontage Feet: 48
- Irrigation System: Automatic, Drip, Sprinklers
- Topography: Level
- Fencing (Description): Full, Gate
Financial Considerations
- Terms: Conventional
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Coleman Homes Real Estate
Sold by Kevin Sheedy Realty
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Schools
Schools serving 4754-58 Bancroft St
School District:San Diego Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
4672 35th St, San Diego, CA 92116 | K-5 | 0.4 mi | |
3838 Orange Ave, San Diego, CA 92105 | 6-8 | 1.1 mi | |
4474 El Cajon Blvd, San Diego, CA 92115 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4754-58 Bancroft St
Date
Details
Price
Change
Source
4/18/2024
Sold
$1,740,000
2.33%
MLS
3/22/2024
Price Increased
$1,700,400
0.02%
MLS
1/16/2024
Price Reduced
$1,700,000
-2.86%
MLS
12/09/2023
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
4754-58 Bancroft Street, San Diego, CA 92116 (MLS# 230023837) is a Multi-Family property that was sold at $1,740,000 on April 18, 2024. Want to learn more about 4754-58 Bancroft Street? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.