4140 48th st, San Diego, CA 92105
Active
$2,099,000
4 Units
14 Beds
8 Baths
n/a Area(sq.ft.)
Lot: n/a Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | $ 3,200 | $ 3,200 | $ 3,295 | |
| Unit 2 | 1 | 4 | 2 | $ 3,500 | $ 3,500 | $ 3,595 | |
| Unit 3 | 1 | 3 | 2 | $ 3,200 | $ 3,200 | $ 3,295 | |
| Unit 4 | 1 | 4 | 2 | $ 3,500 | $ 3,500 | $ 3,595 | |
| 4 | 14 | 8 | $ 13,400 | $ 13,400 | $ 13,780 |
| MLS #: | 250018100SD |
| Days On Market: | 305 |
| Listing Date: | February 4, 2025 |
| County: | San Diego |
| Property Type: | Residential Income |
| Price per unit: | $ 524,750 |
| Year Built: | 1964 |
Property Details
We are pleased to present this turnkey four-unit property on 48th St. The property features a strong unit mix with new electrical system, new plumbing, new exterior light fixtures, new exterior paint, new resurfaced concrete, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors include new A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances and new kitchens & bathrooms. Current gross rental income is $13,400 per month. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development.Interested in this Listing?
Miami Residence will connect you with an agent in a short time.
Income Details
| Total Annual Expense: | $ 38,718 |
| Net Operating Income: | $ 118,062 |
| Cap Rate: | 5.62% |
| Gross Rent Multiplier: | 13.10 |
Structure
| Levels: | Two |
| Complex Name: | N/A |
| Security Features: | None |
Land & Parking
Interior
| AC/Cooling: | Zoned Area(s) |
Exterior
| Pool: | No |
| Roof: | Composition |
| Spa: | No |
Detailed Map
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