For Sale
$5,650,000

4218 49Th St San Diego, CA 92115

16-Unit Apartment Building, Fully Renovated

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 16-unit apartment building presents a compelling investment opportunity in the desirable San Diego, CA market. Located at 4218 49th Street, 92115, this fully renovated property boasts a total of 10,982 square feet on a 0.27-acre lot. The building, constructed in 1956, comprises a mix of eight one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, all featuring bonus dens. Each unit is currently occupied, resulting in a 100% occupancy rate. Residents enjoy the convenience of 16 on-site parking spaces (one per unit), secured entry, and on-site laundry facilities. The property's recent comprehensive interior and exterior renovations ensure it is in excellent condition, offering immediate cash flow and strong potential for future appreciation. The asking price is $5,650,000, translating to $553.11 per square foot. This prime San Diego location and the property's exceptional features make this a truly remarkable investment prospect. The building's strong performance and desirable amenities position it for continued success in a competitive market. This is a rare opportunity to acquire a fully renovated, high-occupancy multifamily property in a thriving urban area.

Highlights

  • 8 two-bedroom/one-bathroom units.
  • 8 one-bedroom/one-bathroom units.
  • 0.27-acre lot.
  • Bonus dens in all units.
  • Fully renovated.
  • On-site laundry facilities.

Property Details for 4218 49Th St

Property type
Apartment buildings
Square Feet
11,571 SF
Lot Size (sq. ft)
11,761 SF
Units
16

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7534173
Longitude
-117.0893143

FAQs

What type of property is this?
Apartment building - 16-Unit Apartment Building, Fully Renovated
Where is the apartment building located?
The property is located at 4218 49Th St San Diego, CA.
What is the asking price?
The asking price for this property is $5,650,000.
What are key features of this property?
This property features: 8 two-bedroom/one-bathroom units.; 8 one-bedroom/one-bathroom units.; 0.27-acre lot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4218 49Th St
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