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Glen Henderson

[email protected] +1(619) 889-7646

$1,995,000

Est. payment - /mo

14 Beds

8 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision City Heights

MLS Listing ID 260024782

Bedrooms 14

Full Baths 8

Year Built 1964

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange,FHA,VA

Property Type Res Income 2-4 Units

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 Metro Uptown

Interior

Cooling Zoned Area(s)

Fireplace No

Exterior

Fence Full

View Y/N No

Roof Type Composition

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 471-411-22-00

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

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Listed by Adrian Gonzalez-Pureco, DRE#01844618 Bridgepoint Realty Inc
Co-listed byAlexio Barbara • Bridgepoint Realty Inc

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

San Diego Communities

4140 48th St San Diego, CA 92105

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information