6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.
Pending
$4,190,000
4275 48th St, San Diego, CA 92115
3beds
3baths
9,990sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$419/sqft
$-- HOA
What's special
- 54 days
- on Zillow |
- 10 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 09:45am
Listed by:
Jordan A Concepcion DRE #01936834 858-461-9910,
Apartment Realty Group (ARG)
Source: SDMLS,MLS#: 250027339
Originating MLS: San Diego Association of REALTOR

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Interior area
- Total structure area: 9,990
- Total interior livable area: 9,990 sqft
Video & virtual tour
Property
Features
- Stories: 2
Details
- Parcel number: 4713223600
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $419/sqft
- Date on market: 6/23/2025
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