4319 48th Street

San Diego, CA 92115

$620,000
Last Sold Price
3
Beds
1,242 Sq. Ft.
$499 / Sq. Ft.
1,242
Sq. Ft.
$499
per Sq. Ft.

Description

Perfect investment opportunity bordering Talmadge, Just south of El Cajon Blvd. Tons of upside on this one, make this rent ready while building equity. Front House is a large 1br 1 ba craftsman style home with architectural Integrity; original fireplace, hardwood floors, and tons charm. Back house is 2 br 2 ba, w/ separate entrance and off street parking spaces. Duplex has separate gas and electric meters . Fixer, investor buyer needed, front unit to remain in place and back unit to be delivered...Perfect investment opportunity bordering Talmadge, Just south of El Cajon Blvd. Tons of upside on this one, make this rent ready while building equity. Front House is a large 1br 1 ba craftsman style home with architectural Integrity; original fireplace, hardwood floors, and tons charm. Back house is 2 br 2 ba, w/ separate entrance and off street parking spaces. Duplex has separate gas and electric meters . Fixer, investor buyer needed, front unit to remain in place and back unit to be delivered vacant.
  1. Listed by Jennifer Romero • DRE #01322850 • Brokerage DRE #01905908 • HomeSmart Realty West
  2. Listed by Michael Kelley • DRE #01253379 • HomeSmart Realty West

Property Details for 4319 48th Street

Parking Spaces Total
2
Private Pool
No
Total Units
2.0
Building Type
Attached
Lot Size Source
Public Records
Living Area
1242
Assessor Parcel Number
471-272-12-00
Property Attached YN
true

Location

Listing Courtesy of HomeSmart Realty West, Jennifer Romero, DRE #01322850; HomeSmart Realty West, Michael Kelley, DRE #01253379

Sold By HomeSmart Realty West, Jennifer Romero, DRE #01322850

Add your commute
LISTING UPDATED: 11/07/2023 04:41 AM

Property Details for 4319 48th Street

StatusClosed
MLS #PTP2300608
Days on Market254
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1932
Lot Size0.08 AC / 3,476 SF
CountySan Diego County

Location

Listing Courtesy of HomeSmart Realty West, Jennifer Romero, DRE #01322850; HomeSmart Realty West, Michael Kelley, DRE #01253379

Sold By HomeSmart Realty West, Jennifer Romero, DRE #01322850

Add your commute

Building Information for 4319 48th Street

Stories1Residences-Year Built1932Building Size-Lot Size0.08 AC / 3,476 SF

Payment Calculator

$3,845 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,384

Property Taxes

$461

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4319 48th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $33,000
  • Gross Scheduled Income: $33,000
  • Net Operating Income: $27,000
  • Cap Rate: 5.0
  • Financing: Cash
Expense Details
  • Operating Expense: $30,000
  • New Taxes Expense: $8,120
  • Insurance Expense: $500
  • Trash Expense: $50
  • Total Expenses: $27,000
Tax / Assessment Info
  • Tax Tract Number: 001368
  • CFD/Mello-Roos Fee: $55
  • Tax Lot: 4712721200
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Outside
Exterior Features
  • Entry Location: 1
  • Fence: Yes
  • Fence: Privacy
  • Fencing: Average Condition, Privacy
  • Property Condition: Repairs Cosmetic
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Near Public Transit, Paved, Yard
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,250
  • Unit Type Total Rent: $1,250
  • Unit Type Pro Forma: 2150
  • Unit Type Type: 1
Unit 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,000
  • Unit Type Total Rent: $2,000
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 4319 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 4319 48th Street

Taxable ValueLand$218,646Additions$228,027Total$446,673
Tax Record2023$5,528 ($461 / month)
Home Facts
Total Finished SqFt1,242 SqFtAbove Grade Finished SqFt1,242 SqFtLot Size3,477 SqFtStyleDuplexYear Built1932ZoningR-4:MULTIPLECountySAN DIEGOAPN471-272-12-00

Schools near 4319 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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Similar Sold Homes

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Listing Courtesy of HomeSmart Realty West, Jennifer Romero, DRE #01322850; HomeSmart Realty West, Michael Kelley, DRE #01253379

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