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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Owner options
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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#: 250017136
Originating 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
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $3,985,000-1.5% |
Source: | ||
| 6/23/2025 | Pending sale | $4,045,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: College East
Nearby schools
GreatSchools rating
- 6/10Clay Elementary SchoolGrades: K-5Distance: 0.9 mi
- 3/10Mann Middle SchoolGrades: 6-8Distance: 2.1 mi
- 4/10Crawford High SchoolGrades: 9-12Distance: 2.1 mi
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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


