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Closed
- Listed price
- $1,690,000
- Listed Dec 19, 2013
- Sold price
- $1,610,000
- Sold Apr 22, 2014
6,251 sqft lot00|55 MLS days on market
3185 Madison Ave, San Diego, CA 92116
Property Description
3185 Madison Avenue is a 16 unit apartment complex located in Normal Heights. The property is comprised of all studio units totaling 4,800 rentable square feet and is situated on a 6,251-square foot lot in the Normal Heights neighborhood. This represents an opportunity to invest in a turn-key asset located in a rapidly gentrifying neighborhood in central San Diego. The area is ideally situated with access to the 805, 15, and 8 freeways ensuring a large tenant base to draw from. Additional income is derived from the on-site laundry. Tenants also enjoy 13 off-street parking spaces. Rents can be increased from current levels given the condition of the units which feature laminate flooring, pedestal sinks, and full appliance packages. Additionally, a new owner can submeter the property for gas and electric, thereby reducing the expense load.
Listing agent: Brian BarnardDRE #01848128brian.barnard@marcusmillichap.com, Listing office: Marcus & Millichap
MLS data updated 11/3/2026, 7:30:29 AM PT
Source: CRMLSMLS #: 130065291
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Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,610,000
Apr 22, 2014
Available records12014
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92116 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92116 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.