4218 46th St - Apartments FOR SALE


San Diego, CA 92115- Teralta East
$3,150,000 USD
858-735-6096
4218 46th St, San Diego, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/27
null | 5.38% Cap Rate

4218 46th St
San Diego, CA 92115
Teralta East


HIGHLIGHTS

  • 2025 new roof and solar system, which adds $12,500 to owner's income. Two units with recent updates, others can benefit from a value-add program.

OVERVIEW

Stabilized value-add opportunity with strong current cash flow and future upside. Brand new solar system and roof installed in 2025. Solar program managed by Ivy Energy, to the benefit of owner.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$538 USD /SF

# OF UNITS

14

PRICE/UNIT

$225,000

CAP RATE

5.38%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chateaux Suzanne

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

R4, San Diego

APN/PARCEL ID

471-302-13

ASK ABOUT THIS PROPERTY

Keegan McNamaraFolio Real Estate GroupMore Info
858-735-6096

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Keegan McNamaraFolio Real Estate GroupMore Info
858-735-6096

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