Listing provided courtesy of Jordan Concepcion of Apartment Realty Group (ARG). Last updated 2025-05-14 08:54:51.000000. Listing information © 2025 Sandicor.
Asking Price: $4,190,000 |
4275 48th St, San Diego CA 92115
Community: 92115 - San Diego
This Commercial/Residential property was built in 0 and is priced at $4,190,000. Please see the additional details below.
6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.
