4140 48th St - Apartments FOR SALE


San Diego, CA 92105- Colina Del Sol
$2,100,000 USD
858-321-5181
4140 48th St, San Diego, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/13
null | 5.19% Cap Rate

4140 48th St
San Diego, CA 92105
Colina Del Sol


HIGHLIGHTS

  • Turn Key Stabilized Asset
  • Large 3Br & 4Br Units
  • In-Unit W&D's
  • Ample Parking
  • Redone Plumbing & Electrical
  • 5.2% CAP RATE

OVERVIEW

We are pleased to present 4140 48th Street, a fully renovated, turnkey multifamily asset located in the sought-after Colina del Sol neighborhood of San Diego. Strategically positioned just one block south of El Cajon Boulevard and near Interstate 15, this property provides easy access to key locations such as San Diego State University and Downtown San Diego. The property sits on a 6,397 SF parcel, with a 4,180 SF residential structure that includes four large-format apartment units— two 3-bedroom/2-bath and two 4-bedroom/2-bath units, each averaging 1,045 SF. The spacious unit mix caters specifically to larger families, a rare feature in the area. The property also includes five tandem parking spaces, offering a significant competitive advantage in this density-constrained market.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$394 USD /SF

# OF UNITS

4

PRICE/UNIT

$525,000

CAP RATE

5.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Turn-Key Stabilized 5.2% CAP

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

4

APN/PARCEL ID

471-411-22

ASK ABOUT THIS PROPERTY

Adrian GonzalezBridgePoint Realty, INCMore Info
858-321-5181

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Adrian GonzalezBridgePoint Realty, INCMore Info
858-321-5181

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