Sold
4463 48th Street
San Diego CA, 92115
$3,051,000
Sold
Commercial
Listed by Erik Anderson with NorthMarq Multifamily 858-675-7865
OFFERS DUE 1/25/22 AT 5PM. NorthMarq is pleased to present a pride of ownership, value-add 9-unit property for sale in the heart of the highly sought-after Talmadge neighborhood in San Diego. Set in a charming courtyard layout, the property enjoys easy access to eclectic Downtown Kensington, Interstate 15, and Interstate 8. Located a block north of El Cajon Boulevard, the property is walkable to an abundance of retail, schools, and parks. The property offers a superior layout of 3 standalone buildings including a 2-bedroom cottage, a standalone duplex with a 2-bed and 1-bedroom unit and a 6-plex consisting of 6, 1-bedroom apartments over 5 single car garages. Total living space is approximately 5,168 square feet. All buildings feature charming craftsman style architecture with new exterior paint, gated courtyards/backyards, and lush landscaping. Both the duplex and house have been extensively renovated, while most of the units in the structure behind have room to further improve and push rents closer to market. The complex offers investors the opportunity to purchase a well-maintained property with tremendous upside in one of San Diego's most charming neighborhoods. Any investor will surely enjoy low vacancies, high rent growth and great cash flow for many years to come.
220001226SD
MLSⓇ ID
January 1, 2022
Listed
March 23, 2024
Updated
Map
4463 48th Street
San Diego CA, 92115
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Other Property Details
Area Name
92115 - San Diego
Days on Market
30
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Buyer Agency Compensation
1.75%
Listing Contact: 858-675-7865
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:23 AM UTC