4626 32nd Street
San Diego, CA, 92116
$1,900,000
2 Beds
2 Baths
800 SqFt
0 Acres
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Whitewater Commercial Real Estate is pleased to present a modern 12-unit permit-ready (RTI) multifamily development opportunity with an existing fully renovated duplex located in the heart of Normal Heights, just steps from the Adams Avenue corridor. Situated on a 6,250 SF lot, the property currently features a renovated duplex, single-family home, and detached shed. Utilizing the City of San Diego’s ADU Bonus Program, the approved plans call for demolition of the single-family home and shed and construction of a new 12-unit multifamily building behind the existing duplex. Plans will be delivered fully approved and ready to issue upon payment of final permit fees. The new 12-unit building will consist of (7) market-rate 1BD/1BA units, (4) moderate-income units (110% AMI), and (1) inclusionary low-income unit (60% AMI) across three stories, with private decks for all but one unit. Unit sizes range from approximately 430–450 SF. The existing single-story duplex will remain as part of the property and includes (2) fully renovated 1BD/1BA units of approximately 400 SF each, providing immediate rental income and flexibility during construction. Located less than a block south of Adams Avenue, 4626 32nd Street offers excellent walkability to neighborhood cafés, restaurants, and retail. With quick access to the 805, 8, and 15 freeways, the site provides easy commutes to Mission Valley, North Park, and Downtown. The property’s efficient all-one bedroom unit mix and central infill location make this an ideal build-for-sale or long-term investment opportunity in one of San Diego’s mo

Property Details

Price:
$1,900,000
MLS #:
250043466SD
Status:
Active
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Normal Heights
Neighborhood:
92116normalheights
Listed Date:
Nov 6, 2025
Finished Sq Ft:
800
Year Built:
1940
92116 – Normal Heights92116normalheightsNormal Heights

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Schools

Interior

Appliances
NO
Bathrooms
2 Full Bathrooms
Cooling
SEE
Heating
SEE
Laundry Features
SEE

Exterior

Construction Materials
UNK
Parking Spots
2
Roof
SEE

Financial

Map

Community

Market Summary

Current real estate data for Single Family in San Diego as of Dec 16, 2025
1,941
Single Family Listed
74
Avg DOM
540
Avg $ / SqFt
$1,094,530
Avg List Price

Property Summary

    Located in the Normal Heights subdivision, 4626 32nd Street San Diego CA is a Single Family for sale in San Diego, CA, 92116. It is listed for $1,900,000 and features 2 beds, 2 baths, and has approximately 800 square feet of living space, and was originally constructed in 1940. The current price per square foot is $2,375. The average price per square foot for Single Family listings in San Diego is $540. The average listing price for Single Family in San Diego is $1,094,530.

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