Share this with your friends
(626) 893-2817
Gilbert Garcia
4639 Iowa Street, Normal Heights, CA 92116
- $2,325,000
- Sold Price
- $2,325,000
- List Price
- $2,500,000
- Closing Date
- Nov 20, 2025
- Status
- CLOSED
- MLS#
- 250042275SD
- Lot Size
- 6,162
- Acres
- 0.14
- Days on Market
- 3
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
4639 Iowa Street is a fantastic value-add investment that offers an investor 15% upside in rents in the rapidly accelerating rental market of Normal Heights. The 5,326 square foot structure built in 1972 is situated on a 6,162 square foot lot just a half block from Adams Avenue. The property features one 2 Bedroom / 2 Bath, two 2 Bedroom / 1 Bath, and five 1 Bedroom / 1 Bath units, each with large floorplans. Ownership has made improvements to the units upon turnover and the roof was redone in 2025 along with exterior paint. In addition, the property offers a common laundry space with a washer/dryer and 2 double garages. Please do not walk on the property or disturb tenants.
/u.realgeeks.media/livingbythefoothills/Gil_s_Photo_-_Right_Facing-removebg-preview.png)
Additional Information
- Cooling
- Yes
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $207,060
- Operating Expense
- 77298
Listing courtesy of Listing Agent: Benn Vogelsang (BennVogelsang@gmail.com) from Listing Office: NorthMarq Multifamily.
Listing sold by Benn Vogelsang from NorthMarq Multifamily
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.