4334 49th St - Apartments FOR SALE


San Diego, CA 92115- Colina Del Sol
$2,849,000 USD
516-361-8552
4334 49th St, San Diego, CA for Sale
$2,849,000 USD
Apartments - FOR SALE
1/18
null | 5.3% Cap Rate

4334 49th St
San Diego, CA 92115
Colina Del Sol


HIGHLIGHTS

  • Extremely well maintained
  • Strong Cash Flow
  • 7200 sq ft on double lot

OVERVIEW

Introducing 4334 49th Street, an extremely well-maintained 9-unit multifamily property with strong rental income. This two-story building features a desirable unit mix of one 1-bed/1-bath and eight 2-bed/1-bath units, offering a total of 7,192 rentable square feet. Tenants enjoy private balcony access, enhancing their living experience with outdoor space. The property sits on a generous double lot spanning 7,690 square feet, providing ample space and potential for future development under its CT-2-3 zoning designation and Complete Communities Tier 3, allowing for a 6.5 Floor Area Ratio (FAR). With on-site amenities such as a laundry room and 12 parking spaces, this property is especially appealing to tenants. Located in thriving City Heights, 4334 49th Street offers easy access to shopping, dining, schools, and public transportation, ensuring strong tenant demand and low vacancy rates.

FOR SALE DETAILS

PRICE

$2,849,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

9

PRICE/UNIT

$316,556

CAP RATE

5.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

49th Street Villas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R4

APN/PARCEL ID

471-281-19,471-281-20

ASK ABOUT THIS PROPERTY

Scott EdelsteinPalma CommercialMore Info
516-361-8552

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

Scott EdelsteinPalma CommercialMore Info
516-361-8552

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