4275 48Th St

San Diego, CA 92115 Active for $4,190,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft

Property Facts

MLS	240021040SD
Year Built
Property Type	Mixed Use
County	San Diego
Status	Active
Active	$4,190,000
Structure Size	N/A sqft
Lot Size	N/A sqft
Beds	N/A
Baths

Description

Back on Market! Seller improving units and higher NOI coming.... BRING ALL OFFERS. Solid in place Cap Rate w/ clear path to 7%+ Cap Rate w/ out Major Rehabds. Loan amount of $3m available (inquire with LA). Available ADU potential for 1-2 more units. 16 unit property in Colina Del Sol in San Diego. This one building property contains an excellent unit mix of 10 1bd/1bt units, 4 2bd/1.5bt units and 2 Studios. Majority of the units have recently been remodeled with new laminate flooring, paint, stainless steel appliances, tiled showers, AC (in select units), new cabinets, quartz countertops, and the newest 1br remodel has in-unit washer/dryer. This property has been well maintained and can offer upside in rents with minimal remodeling required.

Listing information courtesy of: Jordan Concepcion, Apartment Realty Group (ARG) 858-461-9910. *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.