4447 49th St - Apartments FOR SALE


San Diego, CA 92115- Talmadge
$2,150,000 USD
858-761-2529
4447 49th St, San Diego, CA for Sale
$2,150,000 USD
Apartments - FOR SALE
1/32
null | 5.16% Cap Rate

4447 49th St
San Diego, CA 92115
Talmadge


HIGHLIGHTS

  • Attractive unit mix of one-, two-, and three-bedroom units
  • Desirable 1989 vintage
  • Upgraded investment opportunity with strong in-place rents
  • Abundant off-street parking with seven (7) off-street parking spaces and five (5) single car garages
  • ADU conversion potential
  • Highly walkable setting – Boasting an impressive Walk Score of 89

OVERVIEW

We are pleased to present 4447 49th Street, San Diego, CA 92115, a rare seven-unit multifamily investment located in the heart of Talmadge, San Diego. Built in 1989, the property offers a well-balanced mix of five (5) one-bedroom/one-bathroom units (650 SF each), one (1) two-bedroom/two-bathroom unit (825 SF), and one (1) three-bedroom/two- bathroom unit (1,000 SF), totaling approximately 5,075 rentable square feet. The property also has seven (7) off-street parking spaces and five (5) single car garages. Each apartment home features a distinctive design highlighted by vaulted ceilings, large picture windows, and luxury vinyl plank flooring throughout. The spacious layout includes a tiled entryway, open living area with fireplace, built-in kitchen dining nook with modern appliances, and a private patio offering serene outdoor space. Additional conveniences include garage parking, on-site laundry, and ample storage, enhancing both resident comfort and long-term tenancy appeal. Ideally situated within the Talmadge neighborhood, the property provides stable in-place income and strong potential for appreciation. Residents enjoy a walkable location near El Cajon Boulevard’s shopping and dining, and easy access to San Diego State University, Mission Valley, Kensington, and North Park. This combination of charming unit design, desirable location, and strong tenant demand makes 4447 49th Street an exceptional turn-key multifamily investment in central San Diego.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$423 USD /SF

# OF UNITS

7

PRICE/UNIT

$307,143

CAP RATE

5.16%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

-

APN/PARCEL ID

471-142-08

ASK ABOUT THIS PROPERTY

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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