Property Detail

4275 48th St

San Diego CA 92115

$4,190,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of Jordan Concepcion of Apartment Realty Group (ARG). Last updated 2025-05-14 08:54:51.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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