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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

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