4275 48th St Active

San Diego,CA 92115

$ 4190000

3 Beds

3 Baths

9990 SqFt


Key Details

Property Type Single Family Home, Condo

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 9,990 sqft

Price per Sqft $419

MLS Listing ID 250027339

Bedrooms 3

Property Sub-Type Com-Res Income

Property Description

6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.

Location

State CA

County San Diego

Area Metro Uptown

Exterior

View Y/N No

Building

Story 2

Others

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