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Sold for $3,985,000 on 06/27/25
  • $3,985,000

    5142-48 Manchester Rd, San Diego, CA 92115

    4beds
    3baths
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $3,915,200 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $3,915,200

    $3.60M - $4.27M

    Not available

    Zestimate® history
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    What's special

    Presenting a rare investment opportunity with this newly constructed 8 unit property located in close proximity to San Diego State University (SDSU). Each unit features in-unit washers and dryers & property is equipped with solar panels. Designed with a focus on functionality, quality, and market appeal, this asset is primed to deliver strong rental performance in a high-demand area. Strong rental income potential with units commanding market-level rents. High demand from a diverse tenant pool, including students, faculty, and professionals seeking proximity to SDSU and surrounding amenities. A turnkey investment opportunity with no deferred maintenance and modern construction standards designed for longevity. This property represents a solid addition to any portfolio, offering immediate income generation and potential for long-term appreciation in a highly desirable market. Don’t miss the chance to secure a high performing asset in one of San Diego’s most sought-after rental markets. Modern Design: Clean architectural lines and a contemporary aesthetic enhance the property’s appeal to tenants seeking modern, upscale living. Private Patios: Most units include private outdoor spaces, an attractive amenity that supports higher rental rates and tenant retention. High-Quality Finishes: The property is built with top-tier materials and finishes, ensuring durability and a premium feel that commands market level rents. In-Unit Amenities: Each unit features in-unit washers and dryers, a key draw for tenants valuing convenience. Solar Panels: The property is equipped with energy-efficient solar panels offering lower utility costs and eco-friendly living—an attractive benefit for tenants.

    Zillow last checked: 8 hours ago

    Listing updated: July 18, 2025 at 02:01am

    Listed by:

    Jason J Lee DRE #02068011 858-343-4655,

    Nara Advisors, Inc.,

    Ryan Merriken DRE #02147674 707-548-0092,

    Nara Advisors, Inc.

    Bought with:

    Matt Hardke, DRE #01946266

    Coldwell Banker Realty

    Source: SDMLS,MLS#: 250017136MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Interior area
    • Total structure area: 0

    Property

    Features
    • Stories: 2
    Details
    • Parcel number: 4681110200
    • Special conditions: Call Agent,Other/Remarks

    Construction

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

    Community & neighborhood

    Location
    • Region: San Diego

    HOA & financial

    Other financial information
    • Total actual rent: 24126

    Price history

    DateEventPrice
    6/27/2025Sold$3,985,000-1.5%
    Source: SDMLS #250017136
    6/23/2025Pending sale$4,045,000
    Source: SDMLS #250017136

    Public tax history

    Tax history is unavailable.

    Neighborhood: College East

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $3,915,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $3,915,200