North Park office · 4326 Oregon St, Unit 10Call the broker directly: (619) 884-7801
San Diego Apartment Advisors logoSan Diego Apartment AdvisorsSales · 1031 · Prop 19 · ManagementCall (619) 884-7801

Normal Heights & Kensington apartment buildings · 92116 Own an apartment building in Normal Heights & Kensington?

Adams Avenue walk-ups, canyon-edge buildings and long-time owners.

  • Recent small-building sales in 92116, sent free
  • What you'd keep after a sale, or after a 1031
  • A management and rent check if you're keeping it

Get the latest 92116 sales

Closed sales of 2–20 unit buildings near yours, plus a value range for your building.

Step 1 of 2 · About the building

Step 2 of 2 · Where to send it

Confidential. We don't share your information, put up a sign, or contact your tenants. Prefer to talk? Call (619) 884-7801.

The buildings here

Normal Heights has a dense stock of 1950s–1960s walk-ups and six-unit buildings along and just off Adams Avenue. Kensington is mostly single-family homes, with a handful of small apartment buildings that rarely come up for sale.

What buyers ask about in 92116

  • Many owners have held for 20–40 years, so the 1031 and step-up-in-basis questions come first.
  • Galvanized plumbing and original electrical are the common inspection findings in 1950s–1960s buildings.
  • Buildings near the Adams Avenue shops draw the most buyer interest.

The wider market

$364,801average price per unit, San Diego metro, Q2 2026
4.89%average cap rate, Q2 2026
3.8%metro apartment vacancy
$2,764average metro rent, about flat year over year

Source: Matthews, San Diego Multifamily Market Report, Q2 2026. Metro-wide figures across all building sizes. Small central buildings trade differently, so ask us for the latest closed sales in your ZIP code.

Thamis Gallanis, Broker-ManagerThamis GallanisBroker-Manager · CA DRE 01011756

Who you'll talk to

You talk to the broker, not a call center.

Thamis Gallanis has spent 28 years in San Diego real estate: selling buildings, managing them, and advising the families who own them. Before that, he worked as a Resolutions and Receivership Specialist with the FDIC, taking over the real estate of failed banks and deciding, asset by asset, what to fix, what to hold and what to sell.

That job taught him to look at a building the way a lender or a buyer will, and to give owners a straight answer. Sometimes the right answer is to sell. Sometimes it is to fix the management and keep collecting rent. He'll tell you which.

  • 28 yearsSan Diego sales, management and leasing
  • FDICReceivership and asset-disposition background
  • Broker-ManagerCA DRE 01011756
  • North Park office4326 Oregon St, Unit 10

Read Thamis's full background →

Thinking about your Normal Heights & Kensington building?

Call the North Park office and ask for the latest sales near you.

Call (619) 884-7801
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