3546-3552 47th St - Apartments FOR SALE


San Diego, CA 92105- Fairmont Village
$2,100,000 USD
619-888-6255
3546-3552 47th St, San Diego, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/16
null | 5.45% Cap Rate

3546-3552 47th St
San Diego, CA 92105
Fairmont Village


HIGHLIGHTS

  • Four-unit multifamily property with a diversified unit mix.
  • Extensive renovations and new construction completed throughout the asset.
  • Each residence includes in-unit laundry and individual HVAC systems.
  • Five assigned off-street parking spaces serve the property.
  • Convenient access to I-805, CA-94, I-8, and Downtown San Diego.
  • Private outdoor spaces enhance tenant and owner-occupant appeal.

OVERVIEW

546–3552 47th Street presents the opportunity to acquire a fully renovated and newly improved four-unit multifamily asset in San Diego’s Fairmount Village neighborhood. Offered at $2,100,000, the property consists of four residential units totaling 3,170 square feet on a 6,465-square-foot lot and is positioned to provide both immediate cash flow and long-term ownership stability. The offering includes a mix of one-bedroom and three-bedroom residences, creating diversified rental income while appealing to a broad tenant base. The property has undergone extensive interior and exterior improvements, including a fully remodeled front residence and three newly constructed units. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, dual-pane windows, modern finishes, and assigned off-street parking. Private balconies, decks, and outdoor living areas enhance tenant appeal, while durable upgrades reduce near-term capital expenditure requirements. Located in East San Diego’s Fairmount Village neighborhood, the property benefits from convenient access to Interstate 805, State Route 94, Interstate 8, and Downtown San Diego. The location offers connectivity to major employment centers, retail amenities, and regional transportation corridors, supporting continued rental demand and broad tenant appeal. With five assigned parking spaces, modern residential amenities, and a turnkey operating profile, the asset is well-positioned for investors seeking stabilized income as well as owner-users interested in occupying one unit while maintaining rental revenue from the remaining residences.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$662 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

47th Street Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,465 SF

ZONING

RS 1-6

APN/PARCEL ID

476-061-22-00

ASK ABOUT THIS PROPERTY

Sidnev MuldrowCompassMore Info
619-888-6255

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Sidnev MuldrowCompassMore Info
619-888-6255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.