4275 48Th St, San Diego, CA 92115

16 Unit Apartment Building | $4,995,000 ($312,188/Unit) | 5.96% Cap Rate | San Diego, CA 92115

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $4,995,000

Property Type
Multifamily
Square Feet
9,990 SF

Listing Contacts

Jordan Concepcion
Jordan Concepcion
Verified Profile
  • Property Info

Property Overview

We are proud to present a 16 unit property in Colina Del Sol in San Diego. This one building property contains an excellent unit mix of 10 1bd/1bt units, 4 2bd/1.5bt units and 2 Studios. Majority of the units have recently been remodeled with new laminate flooring, paint, stainless steel appliances, tiled showers, AC (in select units), new cabinets, quartz countertops, and the newest 1br remodel has in-unit washer/dryer. This property is a turn key property that has been well maintained and can offer upside in rents with minimal remodeling required.

Property Details

Class
C
Year Built
1969
Stories
2
Lot Size (sq. ft)
9,148 SF
Units
16

Highlights

  • Excellent Floorplans w/ Upside in Rents
  • Strong Unit Mix
  • Ability to Put Washer & Dryers in Select Units
  • Upside in Rents w/ Moderate Renovation Plan Put in Place

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].