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Sold for $4,150,000 on 08/27/25
  • $4,150,000

    4275 48th St, San Diego, CA 92115

    3beds
    3baths
    9,990sqft
    Multi Family
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $415/sqft
    $-- Estimated rent

    Owner options

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    $25,822/mo

    Est. payment

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    $25,822/mo

    Est. payment

    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 04, 2025 at 11:58am

    Listed by:

    Jordan A Concepcion DRE #01936834 858-461-9910,

    Apartment Realty Group (ARG)

    Bought with:

    Jake May, DRE #01292626

    The Jake May Team, Inc.

    Source: SDMLS,MLS#: 250027339MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    Interior area
    • Total structure area: 9,990
    • Total interior livable area: 9,990 sqft

    Property

    Features
    • Stories: 2
    Details
    • Parcel number: 4713223600

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & neighborhood

    Location
    • Region: San Diego