4140 48th StSan Diego, CA 92105
City Heights · San Diego County
Description
4140 48th Street, San Diego, CA presents a stabilized investment opportunity in the heart of the Colina del Sol neighborhood. This fully renovated multifamily asset, originally built in 1964, comprises 4 units featuring a rare, large-format mix of two 3-bedroom/2-bathroom and two 4-bedroom/2-bathroom configurations. The property encompasses 4,180 gross square feet on a 6,397 square foot parcel, offering significant density in a supply-constrained market. With a current purchase price of $1,995,000, the asset delivers immediate cash flow with a capitalization rate of 5.60% and a Gross Rent Multiplier of 13.0, metrics that reflect the premium quality of the recent turnkey renovations and the asset's operational efficiency.
Property Information
- Property type
- Residential Income
- Year built
- 1964
- Stories
- 2
- Days on market
- 13
- MLS® Listing#
- 260024782SD
Property Features
- Cooling
- Zoned
- Roof
- Composition
- Parcel number
- 4714112200
Directions
CrossStreet: Orange Ave
Listing Courtesy: Bridgepoint Realty Inc - 8583025935
Presented by: Adrian Gonzalez-Pureco and Alexio Barbara
Licensed in the state of California.
Commute Calculator
Explore commute times from 4140 48th St, San Diego, CA 92105.
