4140 48th St
For Sale
4140 48th St, San Diego 92105
San Diego
$2,095,000
Property Description
We are pleased to present this beautiful turnkey four-unit property on 48th St. The property features a strong unit mix with new electrical system, new plumbing, new exterior light fixtures, new exterior paint, new concrete driveway, reinforced railings, new security gate & new dual pane windows throughout. Fully renovated interiors include new A/C mini splits, new W&D's, new ceiling fans in each room, new stainless steal appliances, new kitchens & bathrooms. Current gross rental income is $12,000 per month! The property also lies in the complete communities map allowing for significant bonus density for development.
Contact Agent
Alexio Barbara
760-419-1343
Investment Summary
Property Location
For Sale
$2,095,000
Property Type
4plex
Price/Unit
$523K
Units
Unit Mix
4
(2) 4bd / 2ba, (2) 3br/2ba
Price/Sq Ft
$508
NOI
$108,612
CAP
GRM
Sq Ft
Current
5.18
13.4
Imp
4,000
Year Built
1960
4140 48th St, San Diego 92105
Proforma
5.62
12.7
Land
6,397