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  • MLS#: 250041093SD ( )
  • Street Address: 4444 49th
  • Viewed: 3
  • Price: $2,350,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 4
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92115
  • Subdivision: Talmadge
  • Provided by: Millennial Realty Group
  • Contact: Christian Christian
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Incredible opportunity to own a fully remodeled 8 unit multifamily property just minutes from SDSU in the rapidly growing College Area of San Diego. Each 1 bed / 1 bath unit is newly upgraded and will be delivered fully furnished, offering a turnkey investment with strong existing income. Six units are currently producing high demand mid term rental income, with significant upside if converted to long term tenants, achieving a projected 6.42% cap rate at the new price of $2,350,000. The property features modern interiors, on site laundry, 10 parking spaces, and a Walk Score of 91, providing excellent accessibility to dining, retail, and transportation. With strong cash flow, prime location, and appreciation potential, this is a rare, stabilized asset ready for both immediate income and long term growth. On site Coin Laundry provides additional monthly income.
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Features
Appliances
  1. Gas Water Heater
Association Fee
  1. 0.00
Cooling
  1. Wall/Window Unit(s)
Country
  1. US
Fencing
  1. Partial
Heating
  1. Natural Gas
Levels
  1. Two
Netoperatingincome
  1. 168227.00
Parcel Number
  1. 4711410800
Park Name
  1. Complex
Roof
  1. Rolled/Hot Mop
Sourcesystemkey
  1. 250041093:SDP
Subdivision Name Other
  1. Talmadge
Tenant Pays
  1. Sewer
  2. Trash Collection
  3. Water
  4. Electricity
Year Built
  1. 1962