Listed by BRIDGEPOINT REALTY INC., South Coast Commercial, Inc.
$2,100,000
Turn Key 4 Plex
Details
APN 471-411-22-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,180
Units 4
Cap Rate 5.19%
Year Built 1964
Buildings 1
Multifamily | 5.19% CAP | 4 Units
Marketing description
We are pleased to present 4140 48th Street, a fully renovated, turnkey multifamily asset located in the sought-after Colina del Sol neighborhood of San Diego. Strategically positioned just one block south of El Cajon Boulevard and near Interstate 15, this property provides easy access to key locations such as San Diego State University and Downtown San Diego. The property sits on a 6,397 SF parcel, with a 4,180 SF residential structure that includes four large-format apartment units—two 3-bedroom/2-bath and two 4-bedroom/2-bath units, each averaging 1,045 SF. The spacious unit mix caters specifically to larger families, a rare feature in the area. The property also includes five tandem parking spaces, offering a significant competitive advantage in this density-constrained market.
Listing Contacts
Listed by BRIDGEPOINT REALTY INC., South Coast Commercial, Inc.
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