4140 48th Street

San Diego, CA 92105

$2,095,000
Price
14
Beds
8
Baths
4,120 Sq. Ft.
$508 / Sq. Ft.
4,120
Sq. Ft.
$508
per Sq. Ft.

Description

We are pleased to present this turnkey four-unit property. The property features a strong unit mix with new electrical system, new plumbing, new exterior light fixtures, new exterior paint, new resurfaced concrete, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors include new A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances and new kitchens & bathrooms. Current gross rental income is $13,200 per month / 5.29%...We are pleased to present this turnkey four-unit property. The property features a strong unit mix with new electrical system, new plumbing, new exterior light fixtures, new exterior paint, new resurfaced concrete, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors include new A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances and new kitchens & bathrooms. Current gross rental income is $13,200 per month / 5.29% CAP. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development. Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents
  1. Listed by Alexio Barbara • DRE #01992393 • Brokerage DRE #01846358 • South Coast Commercial, Inc.
  2. Listed by Adrian Gonzalez-Pureco • DRE #01844618 • Brokerage DRE #01846358 • South Coast Commercial, Inc.

Property Details for 4140 48th Street

Area
East San Diego (92105)
Neighborhood
Colina Del Sol
Community
CITY HEIGHTS
City Postal ID
EAST SAN DIEGO (92105)
Cross Street(s)
Orange Ave

Location

Listing Courtesy of South Coast Commercial, Inc., Alexio Barbara, DRE #01992393; South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618
Add your commute
LISTING UPDATED: 01/30/2024 10:34 AM

Property Details for 4140 48th Street

StatusActive
MLS #230019387
Days on Market209
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1964
Lot Size-
CountySan Diego County

Location

Listing Courtesy of South Coast Commercial, Inc., Alexio Barbara, DRE #01992393; South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618
Add your commute

Building Information for 4140 48th Street

Stories2Residences-Year Built1964Building Size-Lot Size-

Payment Calculator

$12,895 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,433

Property Taxes

$1,462

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4140 48th Street

Summary Information
Property and Location
  • System ID: 230019387
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1964
  • Street Number Numeric: 4140
  • Street Name: 48th St
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Supplement
  • Supplement: Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 4
  • Num of Units w/Cooling: 4
  • Cooling: Central Air
Exterior Features
  • Exterior: Wood/Stucco
  • Roof: Composition
  • Fencing: Full
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: City/County Records
  • Additional Property Use: N/K
  • Complex/Park: n/a
  • Assessors Parcel Num: 471-411-22-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: A
  • Unit 1 Num of Bedrooms: 4
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Deposit: $3,200
  • Unit 1 Estimated SqFt: 1,140
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Yes
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $3,595
  • Unit 1 Rent Actual: $3,420
Unit 2
  • Unit Num for Unit 2: B
  • Unit 2 Num of Bedrooms: 3
  • Unit 2 Num of Total Baths: 2
  • Unit 2 Deposit: $5,600
  • Unit 2 Estimated SqFt: 920
  • Unit 2 Exclusive Use Yard: No
  • Unit 2 Laundry Hook Ups: Yes
  • Unit 2 Occupied: Tenant
  • Unit 2 Projected Rent: $3,295
  • Unit 2 Rent Actual: $3,080
Unit 3
  • Unit Num for Unit 3: C
  • Unit 3 Num of Bedrooms: 4
  • Unit 3 Num of Total Baths: 2
  • Unit 3 Deposit: $3,500
  • Unit 3 Estimated SqFt: 1,140
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: Yes
  • Unit 3 Occupied: Tenant
  • Unit 3 Projected Rent: $3,595
  • Unit 3 Rent Actual: $3,500
Unit 4
  • Unit Num for Unit 4: D
  • Unit 4 Num of Bedrooms: 3
  • Unit 4 Num of Total Baths: 2
  • Unit 4 Deposit: $3,200
  • Unit 4 Estimated SqFt: 920
  • Unit 4 Exclusive Use Yard: No
  • Unit 4 Laundry Hook Ups: Yes
  • Unit 4 Occupied: Tenant
  • Unit 4 Projected Rent: $3,295
  • Unit 4 Rent Actual: $3,200

Property History for 4140 48th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4140 48th Street

Taxable ValueLand$887,400Additions$540,600Total$1,428,000
Tax Record2023$17,538 ($1,462 / month)
Home Facts
Total Finished SqFt3,990 SqFtAbove Grade Finished SqFt3,990 SqFtLot Size6,397 SqFtStyleMulti-Family Dwelling (2-4)Year Built1964ZoningR-4:MULTIPLECountySAN DIEGOAPN471-411-22-00

Schools near 4140 48th Street

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Ibarra Elementary School
PublicK to 5

Mann Middle School
Public6 to 8

Crawford High School
Public9 to 12

City Heights Preparatory Charter
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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4140 48th Street is a multi-family home for sale in San Diego, CA 92105. This property was listed for sale on October 1, 2023 by South Coast Commercial, Inc., it's currently listed at $2,095,000. It has been on the market for a total of 209 days and was last sold on March 14, 2022. This listing's school district is San Diego Unified School District. Nearby schools include Ibarra Elementary School, Mann Middle School and Crawford High School. 4140 48th Street is a 14-bed, 8-bath, 4,120 sqft multi-family home built in 1964.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of South Coast Commercial, Inc., Alexio Barbara, DRE #01992393; South Coast Commercial, Inc., Adrian Gonzalez-Pureco, DRE #01844618

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