4444 49th St

San Diego, CA 92115

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
$2,699,000

Description

Turnkey 8-unit investment near sdsu | fully renovated | strong cash flow exceptional opportunity to acquire a stabilized, income-producing 8-unit multifamily property located just minutes from sdsu and the rapidly expanding college area. this fully remodeled asset consists of eight 1-bed/1-bath units—six of which are currently leased as mid-term rentals, generating above-market rents due to high demand from traveling professionals and students. - annual gross scheduled income: ~$232,800 - price: $2,599,000 - grm: ~11.16 - estimated cap rate: ~5.8% (based on actual mid-term rental income & market expenses) - unit mix: (8) 1-bed / 1-bath - current occupancy: 100% - parking: 11 dedicated spaces - laundry: on-site - walk score: 91 – highly walkable to retail, dining, and public transportation each unit has been tastefully upgraded with modern kitchens, bathrooms, luxury vinyl flooring, stainless steel appliances, and new lighting throughout. with low maintenance needs and consistent occupancy, this asset offers a unique opportunity for investors seeking both immediate cash flow and long-term appreciation in one of san diego’s most desirable rental markets. whether you continue operating it as a mid-term rental powerhouse or transition to long-term tenants, the upside is significant in this high-demand submarket.

  • Property Type

    Residential Income

  • County

    San Diego

  • Style

    Residential Income

  • AD ID

    50215104

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Electric
    • Has Heating

  • Building Information

    • Year Built: 2022

    Pool Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Source: Assessor

  • Listing Price Information

    • Original List Price: 2,699,000
    • Listing Contract Date: 2025-06-18

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 4711410800

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: See Remarks

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 92115 - San Diego
    • Directions: CrossStreet: Monroe / El Cajon Blvd
    • Zoning: R-4
    • Source Property Type: Residential Income
    • Area: 92115 - San Diego

    Building and Construction

    • Property Age: 3
    • Year Built Source: Vendor Enhanced
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/21/2025 @ 10:54

  • MLS: 250030908SD
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.