4444 49th St, San Diego, CA 92115

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Kevin Silverstein

[email protected] +1(619) 203-7041

$2,699,000

Est. payment - /mo

104 Beds

4 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision Talmadge

MLS Listing ID 250030908

Bedrooms 104

Year Built 2022

Property Sub-Type Res Income 2-4 Units

Property Description

Turnkey 8-Unit Investment Near SDSU | Fully Renovated | Strong Cash Flow Exceptional opportunity to acquire a stabilized, income-producing 8-unit multifamily property located just minutes from SDSU and the rapidly expanding College Area. This fully remodeled asset consists of eight 1-bed/1-bath units—six of which are currently leased as mid-term rentals, generating above-market rents due to high demand from traveling professionals and students. - Annual Gross Scheduled Income: ~$232,800 - Price: $2,599,000 - GRM: ~11.16 - Estimated Cap Rate: ~5.8% (based on actual mid-term rental income & market expenses) - Unit Mix: (8) 1-Bed / 1-Bath - Current Occupancy: 100% - Parking: 11 dedicated spaces - Laundry: On-site - Walk Score: 91 – highly walkable to retail, dining, and public transportation Each unit has been tastefully upgraded with modern kitchens, bathrooms, luxury vinyl flooring, stainless steel appliances, and new lighting throughout. With low maintenance needs and consistent occupancy, this asset offers a unique opportunity for investors seeking both immediate cash flow and long-term appreciation in one of San Diego's most desirable rental markets. Whether you continue operating it as a mid-term rental powerhouse or transition to long-term tenants, the upside is significant in this high-demand submarket.

Location

State CA

County San Diego

Community Laundry Facilities, Rv/Boat Parking

Area Metro Uptown

Zoning R-4

Interior

Heating Passive Solar

Cooling Wall/Window

Fireplace No

Exterior

Fence Gate

Utilities Available Other/Remarks

View Y/N Yes

Water Access Desc Other/Remarks

View Other/Remarks

Roof Type Other/Remarks

Building

Story 2

Water Other/Remarks

Level or Stories 2

Others

HOA Fee Include Gated Community,Roof Maintenance,Sewer,Trash Pickup

Tax ID 471-141-08-00

Special Listing Condition Call Agent, Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/250030908

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Listed by Christian Romero Millennial Realty Group

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

4444 49th St San Diego, CA 92115

Kevin Silverstein

Key Details

Location

Interior

Exterior

Building

Others

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