San Diego, CA 92105 4139 46Th Street
$1,600,000
Pending
13 more
Presented By: Sarah Newcomb with Real Broker - 619-321-8393;
- MLS# PTP2504831
- 05/14/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Home Details
Exceptional value-add 7-unit multifamily investment in the heart of City Heights. Priced at just $228K per unit, this asset offers strong fundamentals with a GRM of 11.4 (pro forma) and a 6.3% pro forma cap rate. The unit mix includes six 1BR/1BA units and one spacious 2BR/2BA townhome-style unit with an attached 2-car garage and bonus room. The 2 bed could easily be turned into a 3 bed or turn the bonus room and garage into an 8th unit. Sky's the limit. All units are on month-to-month leases with rents well below market, presenting a major opportunity to increase cash flow. Located in an RM-1-1 zone within a Transit Priority Area, this site supports long-term redevelopment or potential ADU additions. Ideal for investors seeking immediate rental upside and future redevelopment potential. Showings will be scheduled only upon an accepted offer. Please do not access the property or disturb the tenants
Presented By: Sarah Newcomb with Real Broker - 619-321-8393;
Interior Features for 4139 46Th Street
Bedrooms
Total Bedrooms
Bathrooms
Half Baths0
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement[]
Common Walls[]
Fireplace Features[]
Fireplace Y/NNo
Flooring[]
Heating Y/NNo
Interior Amenities[]
Laundry Features[]
Total Stories2
Window Features[]
Other Rooms
Room Type[]
General for 4139 46Th Street
Accessibility[]
Appliances[]
Architectural Style[]
Association Amenities[]
Association Fee Includes[]
Attached Garage No
Body Type[]
Building Area UnitsSqft
Business Type[]
Buyer Financing[]
Cap Rate2.1
CitySan Diego
Community Features[]
Construction Materials[]
Cooling[]
CountySan Diego
Current Use[]
DirectionsGPS
Disclosures[]
Electric[]
FinancialDataSource[]
FreeholdIDX
Green Building Verification Type[]
HOANo
HOA Fee$0.0
Heating[]
Lease Type[]
Levels[]
Living Area UnitsSqft
Lot Size UnitsAcres
ModificationTimestamp2025-07-28T22:12:17Z
New ConstructionNo
Number Of Units Total7
Operating Expense39300.0
Other Structures[]
Patio/Porch Features[]
Pets Allowed[]
Pool Features[u'N/K']
Possession[]
Possible Use[]
Property Attached Y/NNo
Property Condition[]
Property SubtypeRes Income 2-4 Units
Property TypeResidential Income
Rent Includes[]
Roof[]
Security Features[]
Senior Community Y/NNo
Sewer[]
Spa Features[]
Standard StatusPending
StatusPENDING
Structure Type[]
Tenant Pays[]
Utilities[]
View[]
Year Built0
ZoningAssessor
Exterior for 4139 46Th Street
Building Area Total0.0
Exterior Amenities[]
Fencing[]
Foundation Details[]
Frontage Type[]
Lot Features[]
Lot Size Area0.1435
Number of Buildings1
Other Equipment[]
Parking Features[]
Skirt[]
Water Source[]
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate