4140 48th, SAN DIEGO Property Listing: MLS® #240018071

We are pleased to present this turnkey four-unit property. The property features a strong unit mix with new electrical system, new plumbing, new exterior lightfixtures, new exterior paint, new resurfaced concrete, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors includenew A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances and new kitchens & bathrooms. Current gross rental income is $13,200 per month / 5.29% CAP. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development.

4140 48th, SAN DIEGO Property Listing: MLS® #240018071 Close
Page Summary
NEW
  • MLS® #: 240018071
  • 4140 48th
  • SAN DIEGO, CA 92105
  • $2,095,000
  • 8 Bath
  • Office: South Coast Commercial, Inc.

We are pleased to present this turnkey four-unit property. The property features a strong unit mix with new electrical system, new plumbing, new exterior lightfixtures, new exterior paint, new resurfaced concrete, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors includenew A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances and new kitchens & bathrooms. Current gross rental income is $13,200 per month / 5.29% CAP. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development.

Supplemental Remarks

Essential Information

  • MLS® #240018071
  • Listing Price$2,095,000
  • Original Listing Price$2,095,000
  • Date ListedAugust 1st, 2024
  • Days on Market1
  • Bathrooms8.00
  • Acres0.00
  • Year Built1964
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address4140 48th
  • AreaEAST SAN DIEGO (92105)
  • Complex4plex
  • SubdivisionCity Heights
  • CitySAN DIEGO
  • CountySan Diego
  • StateCA
  • Zip Code92105

Amenities

  • AmenitiesRecreation Area
  • PoolN/K

Interior

  • CoolingCentral Forced Air
  • # of Stories2

Heating

Wall/Gravity, Combination Heating

Exterior

  • ExteriorStucco
  • Lot DescriptionAlley Access, Public Street
  • RoofComposition
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Listing information last updated on November 27th, 2024 at 4:23am PST.