Active
4275 48th St
San Diego CA, 92115
$4,190,000
Active
Commercial
Listed by Jordan Concepcion with Apartment Realty Group (ARG) 858-461-9910
Back on Market! Seller improving units and higher NOI coming.... BRING ALL OFFERS. Solid in place Cap Rate w/ clear path to 7%+ Cap Rate w/ out Major Rehabds. Loan amount of $3m available (inquire with LA). Available ADU potential for 1-2 more units. 16 unit property in Colina Del Sol in San Diego. This one building property contains an excellent unit mix of 10 1bd/1bt units, 4 2bd/1.5bt units and 2 Studios. Majority of the units have recently been remodeled with new laminate flooring, paint, stainless steel appliances, tiled showers, AC (in select units), new cabinets, quartz countertops, and the newest 1br remodel has in-unit washer/dryer. This property has been well maintained and can offer upside in rents with minimal remodeling required.
240021040SD
MLSⓇ ID
September 5, 2024
Listed
December 5, 2024
Updated
Map
4275 48th St
San Diego CA, 92115
Other Property Details
Area Name
92115 - San Diego
Days on Market
37
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/18/2024 | Active | — |
9/27/2024 | Pending | — |
Listing Contact: 619-222-9500
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 4:19 AM UTC