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32038463
32260398

3546-3552 47TH ST, SAN DIEGO, CA 92105 For Sale

SM
CA 01786078
Compass
Listed by Compass
$2,140,000
81 days on market
Updated 11 days ago
Opportunity zone

47th Street Apartments

Details
APN 476-061-22-00
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Fourplex (+1)
Square Footage 3,170
Units 4
Cap Rate 5.35%
NOI $114,500
Occupancy 100%
Price per SqFt $675
Class A
Year Built 2026
Lot Size (SqFt) 6,452
Parking Spaces 1 per unit

4 Unit Turnkey Investment Opportunity

Marketing description

4-unit opportunity in the heart of Fairmount Village, where modern design meets smart investment potential. Property has 5.25% Cap Rate, 15.53 GRM, $545,238 a door at $688 SF. Every unit comes with parking, 1 to 1 parking ratio. Property owner only expenses are taxes, insurance, and trash. Anchoring the property is a beautifully reimagined front home offering 1,198 SF of stylish living space and its own exclusive-use private yard—a true standout feature that feels like a single-family retreat. Fully remodeled from top to bottom, this residence showcases luxury vinyl plank flooring, brand-new dual-pane windows, a new roof, and a thoughtfully designed kitchen and bathrooms that blend clean, contemporary finishes with everyday functionality. Tucked behind, three newly constructed units deliver the ultimate in low-maintenance, high-demand living. The unit mix includes two 1-bedroom residences and a spacious 3-bedroom home with a versatile layout—featuring one bedroom and full bath on the main level, and two additional bedrooms and a bath upstairs—ideal for multi-generational living or maximizing rental flexibility. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, and assigned off-street parking, offering comfort and convenience that today’s tenants and owners expect. All the heavy lifting has been done—new construction, major system upgrades, and modern finishes—so you can step right into a seamless ownership experience. Located in Fairmount Village neighborhood of East San Diego, minutes from downtown San Diego.

Investment highlights

-Property has 5.25% Cap Rate

-15.53 GRM, $545,238 a door at $688 SF

-Every unit comes with parking, 1 to 1 parking ratio.

-Owner only pays for insurance, taxes, and trash

Listing Contacts

SM
CA 01786078
Compass
Listed by Compass

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$114,500.00
$9,541.67/mo

Valuation Metrics

0
DSCR
5.35%
Cap Rate
5.35%
ROI

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Additional Information

Name
Sidnev Muldrow
License
01786078
Brokerage
Compass
Brokerage Phone
619-888-6255
Title
Realtor
Brokerage Address
7863 Girard Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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