4085 49Th Street, San Diego, CA 92105
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Listed Price :
$2,100,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
Property Description
High-performing 7-unit property with strong financials. Offering a 5.77% current cap rate and 11.28 GRM, this investment delivers immediate cash flow with room for upside. The property features a desirable unit mix: 3 spacious 2-bedroom/2-bath units, 2 well-appointed 2-bedroom/1-bath units, and 2 charming 1-bedroom units. Interiors have been fully renovated, showcasing new laminate flooring, quartz countertops, updated kitchens, and tiled bathrooms. Additional upgrades include a new roof and energy-efficient windows. The property includes 6 garages, with plans underway to convert them into 4 ADUs (anticipated completion of plans in Q1 2025—contact agent for details). Current rents do not reflect the value of the garages, offering further income potential through leasing or ADU conversion. This is a turnkey asset with both stability and growth potential.
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
Listing Information
| Address |
4085 49Th Street |
| City |
San Diego |
| State |
CA |
| Zip |
92105 |
| County |
San Diego |
| Listing Agent |
Jordan Concepcion DRE #01936834 |
| Courtesy Of |
Apartment Realty Group (ARG) |
| List Price |
$2,100,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
N/A |
Listing information courtesy of: Jordan Concepcion, Apartment Realty Group (ARG). *Based on information from the Association of REALTORS/Multiple Listing as of Dec 10th, 2024 at 11:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
