Investor Alert! Upgraded 4-Unit Building with 4 Garages & Laundry Room! Excellent opportunity to own a turn-key 4-unit multifamily property with strong existing cash flow and future upside potential. Each unit has been upgraded and includes stove, dishwashers, microwaves & refrigerators. The building features 4 private garages, a commercial laundry room, New 400 amp main panel with 6 meters (2 unused for future use). All electrical is new including new interior subpanels & wiring in each unit. Unit mix: 1- 3 bed/1 bath ($2285/mo), 2- 2 bed/1 bath ($1770 & $1775/mo), and 1- 1 bed/1 bath ($1795/mo). Laundry provides extra income ranging between $300-400/mo and that income is not included in the stated NOI. This property is always rented and ideally situated near schools & public transportation, making it a consistent performer in one of San Diego’s most desirable rental areas. With room to increase rents, this is a perfect addition to any portfolio for long-term, stable income, or a great owner-occ with a beautiful 3 bed unit above the garages. Don’t miss out on this great opportunity!null
For sale
$1,590,000
4209-15 N 49th St, San Diego, CA 92115
8beds
4baths
--sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Laundry roomPrivate garages
- 66 days
- on Zillow |
- 133 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: July 01, 2025 at 12:29am
Listed by:
Erin McLain DRE #01214290 619-885-3292,
M2 Real Estate & Consulting
Source: SDMLS,MLS#: 250028724
Originating MLS: San Diego Association of REALTOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall/Gravity
Cooling
- Wall/Window, N/K
Interior area
- Total structure area: 2,778
Video & virtual tour
Property
Features
- Levels: 2 Story
- Pool features: N/K
- Spa features: N/K
- Fencing: Partial,Other/Remarks
- Has view: Yes
- View description: N/K
- Frontage type: N/K
Lot
- Size: 0.14 Square Feet
Details
- Parcel number: 4713321000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Stucco, Wood, Other/Remarks
- Roof: Composition
Condition
- Year built: 1953
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Features: Laundry Facilities
- Security: N/K
- Subdivision: SAN DIEGO
HOA
- Services included: N/K
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $474,550
- Annual tax amount: $5,920
- Date on market: 5/28/2025
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
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