4847 53 Mansfield Street

San Diego, CA
$ 1,895,000 Beds 0 Baths 1 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 1,895,000
  • City
  • San Diego
  • Bedrooms
  • 0
  • Full Bathrooms
  • 1
  • County
  • San Diego
  • Half Bathrooms
  • 0
  • Area
  • Normal Heights
  • Lot Size
  • 0.1446 Acres
  • Zip
  • 92116
  • Year Built
  • 1925
  • Style
  • MLS#
  • 260015596SD
Listed By: Patrick Mercer with Keller Williams La Jolla;
Data Source: California Regional MLS (CRMLS)

Features

General

Cooling CentralAir,Zoned
Pool Features None
Year Built 1925
Tenant Pays CableTv,Electricity,Gas
Stories Count 1
Levels One
County San Diego
Net Operating Income 90930
Property Type ResidentialIncome
Subdivision Name Normal Heights
Status Active
Directions CrossStreet: Copley Ave.
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92116 - Normal Heights
Lot Size Units SquareFeet
Lot Size Square Feet 6298
Listing Terms Cash,Conventional,FHA,VaLoan
Virtual Tour https://yono-pro.aryeo.com/videos/019c987b-3546-7364-b331-11b0f163bd92
Standard Status Active
Cap Rate 5
PostalCity SAN DIEGO

Interior Features

Total Stories 1
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Lot Size Area 6298
Park Name Mansfield St
Number of Buildings 4
Spa false
Lot Size Acres 0.1446
Private Pool false
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Temecula, CA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/26/2026 Listed $1,895,000

Property vs Zip Code Average in 92116

Price
AVG $1.65M
$1.9M
Year Built
AVG 1945
1925

In The Neighborhood

Areas That We Cover

4847 53 Mansfield Street San Diego, CA is a Single Family Home for sale at $1895000 and a lot size of 0.1446 Acres Acre(s). 4847 53 Mansfield Street San Diego has 0 bedrooms, 1 baths and was built in 1925. The property's zip code is 92116 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Chris Lechner

Chris Lechner

951-319-2636

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