30
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$2,250,000
Est. payment /mo
Pending
4444 49th San Diego, CA 92115
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Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Subdivision Talmadge
MLS Listing ID 250041093SD
HOA Y/N No
Year Built 1962
Property Description
HUGE PRICE REDUCTION! $350,000!!! Incredible opportunity to own a fully remodeled 8-unit multifamily property just minutes from SDSU in the rapidly growing College Area of San Diego. Each 1-bed / 1-bath unit is newly upgraded and will be delivered fully furnished, offering a turnkey investment with strong existing income. Six units are currently producing high-demand mid-term rental income, with significant upside if converted to long-term tenants, achieving a projected 6.42% cap rate at the new price of $2,250,000. The property features modern interiors, on-site laundry, 10 parking spaces, and a Walk Score of 91, providing excellent accessibility to dining, retail, and transportation. With strong cash flow, prime location, and appreciation potential, this is a rare, stabilized asset ready for both immediate income and long-term growth. On-site Coin Laundry provides additional monthly income.
Location
State CA
County San Diego
Area 92115 - San Diego
Building/Complex Name Complex
Interior
Heating Natural Gas
Cooling Wall/Window Unit(s)
Fireplace No
Appliance Gas Water Heater
Exterior
Fence Partial
View Y/N No
Roof Type Rolled/Hot Mop
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Tax ID 4711410800
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/250041093
Listed by Christian Romero Millennial Realty Group
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