San Diego, CA 92115 4275 48th St
$4,190,000
Pending
11 more
Presented By: Jordan A Concepcion with Apartment Realty Group (ARG) - 858-461-9910;
- MLS# 250027339
- 05/13/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 3
Baths • 3
SQFT • 9,990
Home Details
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.
Presented By: Jordan A Concepcion with Apartment Realty Group (ARG) - 858-461-9910;
Interior Features for 4275 48th St
Bedrooms
Total Bedrooms3
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
Air Conditioning Y/NNo
Basement[]
Common Walls[]
Fireplace Features[]
Fireplace Y/NNo
Flooring[]
Heating Y/NNo
Interior Amenities[]
Laundry Features[]
Window Features[]
Other Rooms
Room Type[]
General for 4275 48th St
Accessibility[]
Appliances[]
Architectural Style[]
Association Amenities[]
Association Fee Includes[]
Attached Garage No
Body Type[]
Building Area UnitsSqft
Business Type[]
Buyer Financing[]
Cap Rate6.13
CitySan Diego
Community Features[]
Construction Materials[]
Cooling[]
CountySan Diego
Current Use[]
Disclosures[]
Electric[]
FinancialDataSource[]
FreeholdIDX
Green Building Verification Type[]
HOANo
Heating[]
Lease Type[]
Levels[]
Living Area UnitsSqft
Lot Size UnitsAcres
MLS AreaMetro Uptown
ModificationTimestamp2025-07-21T16:43:07Z
New ConstructionNo
Number Of Units Total16
Operating Expense114891.0
Other Structures[]
Patio/Porch Features[]
Pets Allowed[]
Pool Features[]
Possession[]
Possible Use[]
Property Attached Y/NNo
Property Condition[]
Property SubtypeCom-Res Income
Property TypeResidential Income
Rent Includes[]
Roof[]
Security Features[]
Senior Community Y/NNo
Sewer[]
Spa Features[]
Standard StatusPending
StatusPENDING
Stories Count2
Structure Type[]
Tenant Pays[]
Utilities[]
View[]
Virtual TourClick here
Year Built0
Exterior for 4275 48th St
Building Area Total9990.0
Exterior Amenities[]
Fencing[]
Foundation Details[]
Frontage Type[]
Lot Features[]
Lot Size Area0.0
Number of Buildings1
Other Equipment[]
Parking Features[]
Skirt[]
Water Source[]
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate