Acre Investment Real Estate Services is pleased to present 4640 Bancroft Street apartments, a newly renovated 8-unit multifamily property located in the Normal Heights neighborhood of San Diego.
Built in 1969 and fully renovated , this tastefully improved contemporary building offers its residents with a desirable unit mix comprised of 5 spacious one bedroom one bath units and 3 two bedroom one bath units. The 2015 improvements included all new interiors, wood laminate floors throughout, new wall heaters, new modern light fixtures, new bathrooms, gourmet kitchens with new cabinets, white quartz countertops, contemporary faucet hardware and stainless under mount sinks. Exterior improvements include; custom entry doors, drought tolerant landscaping, new hardscape, redwood façade, concrete parking area, 3-toned exterior paint, security entrance system, new poured concrete entry monument, stainless steel bullet lighting, stainless steel BBQ, metal bike rack and a refurbished laundry room.
There is secured intercom gated access to the courtyard, a communal laundry room, onsite open parking and two double car garages.
The property is located on a quiet residential street, but ideally positioned just ½ block from Adams Ave. With a walk score of 91 out of 100, residents can walk or bike to great restaurants, entertainment, shopping, parks, schools and entertainment. The property offers easy accessibility to major thoroughfares and is within minutes from all major employment corridors and family attractions in San Diego.
Centrally located in the eighth largest city in the US, 4640 Bancroft Street apartments provides investors with an opportunity to acquire a turnkey asset with rental upside in a prime metro area of San Diego.
