10
See all 10 photos
$1,995,000
Est. payment /mo
New
4140 48th St San Diego, CA 92105
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID 260024782SD
HOA Y/N No
Year Built 1964
Property 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.
Location
State CA
County San Diego
Area 92105 - East San Diego
Interior
Cooling Zoned
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 4714112200
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Listed by Adrian Gonzalez-Pureco Bridgepoint Realty Inc #01844618
NEARBY SCHOOL & BUSINESS