4275 48th St, San Diego, CA 92115

$4,190,000 Approx. USD 0 beds, 0 baths
9,990 sqft

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Agent Remarks

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.

Listing Details

Property type: Com-Res Income (Multi-family)

Status: ACTIVE

MLS# 250027339

Price: $4,190,000

Beds: 0

Baths: 0

9,990 sqft

County: San Diego

MLS area: SAN DIEGO (92115)

Last Updated: 5/14/2025

Days On Market (DOM): 1