MLS# 230019387 - 4140 48th St, San Diego, CA 92105

$2,095,000
Units: 4
Est. $7,451 / mo.*
208 Days On Market

Courtesy of South Coast Commercial, Inc..

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Property Type: Res Income 2-4 Units
Status: Active
Neighborhood: Ca
Days On Website: 208

Property Details for 4140 48th St, San Diego, CA 92105

We are pleased to present this turnkey four-unit property. 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 $13,200 per month / 5.29% CAP. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development.

Appliances & Equipment

  • 4 units with oven
  • 4 units with refrigerator
  • 4 units with dishwasher

Building

  • 4 units
  • Built in 1964
  • 2 story
  • 1 building

Cooling

  • 4 units with cooling
  • Central Forced Air

Exterior Features

  • Wood/Stucco

Laundry

  • 4 units with dryer
  • 4 units with washer

Listing

  • Source: SDMLS
  • Listing date: 2023-10-02
  • 120 days on market
  • For Sale

Location

  • County: San Diego
  • Complex/park: n/a
  • Community: City Heights

Lot

  • 4,000-7,499 SF

Fence

  • Full

Unit One

  • Unit #: A
  • Projected Rent: $3,595
  • Actual Rent: $3,420
  • 4 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • 1,140 estimated square feet
  • Laundry hookups: Yes
  • Occupancy: Tenant
  • Deposit: $3,200

Unit Two

  • Unit #: B
  • Projected Rent: $3,295
  • Actual Rent: $3,080
  • 3 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • 920 estimated square feet
  • Laundry hookups: Yes
  • Occupancy: Tenant
  • Deposit: $5,600

Unit Three

  • Unit #: C
  • Projected Rent: $3,595
  • Actual Rent: $3,500
  • 4 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • 1,140 estimated square feet
  • Laundry hookups: Yes
  • Occupancy: Tenant
  • Deposit: $3,500

Unit Four

  • Unit #: D
  • Projected Rent: $3,295
  • Actual Rent: $3,200
  • 3 bedrooms
  • 2 total bathrooms
  • 2 full bathrooms
  • 920 estimated square feet
  • Laundry hookups: Yes
  • Occupancy: Tenant
  • Deposit: $3,200

Roof

  • Composition

Map View

$2,095,000 - 4140 48th St, San Diego, CA 92105

Street View

Directions

4140 48th St
San Diego, CA 92105
County: San Diego