Pending
4085 49th St
East San Diego CA, 92105
$2,100,000
$438.69 per sqft
Pending
5 Beds
4,787 sqft
Commercial
High-performing 7-unit property with strong financials. Offering a 5.77% current cap rate and 11.28 GRM, this investment delivers immediate cash flow with room for upside. The property features a desirable unit mix: 3 spacious 2-bedroom/2-bath units, 2 well-appointed 2-bedroom/1-bath units, and 2 charming 1-bedroom units. Interiors have been fully renovated, showcasing new laminate flooring, quartz countertops, updated kitchens, and tiled bathrooms. Additional upgrades include a new roof and energy-efficient windows. The property includes 6 garages, with plans underway to convert them into 4 ADUs (anticipated completion of plans in Q1 2025--contact agent for details). Current rents do not reflect the value of the garages, offering further income potential through leasing or ADU conversion. This is a turnkey asset with both stability and growth potential.
240028216
MLSⓇ ID
December 10, 2024
Listed
January 8, 2025
Updated
Map
4085 49th St
East San Diego CA, 92105
Interior Features
Total Stories
3
Bedrooms
5
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Other Property Details
Area Name
Metro Uptown
Days on Market
27
Garage
No
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
1/6/2025 | Pending | — |
Listed by Apartment Realty Group (ARG), Jordan A Concepcion,
Listing Contact: 858-461-9910
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
© 2025 San Diego Multiple Listing Service. All rights reserved.
Data last updated 12:39 AM UTC, 1/8/2025
