About 4275 48th St
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.
Features of 4275 48th St
| MLS® # | 250027339 |
|---|---|
| Price | $4,190,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Square Footage | 9,990 |
| Type | Residential Income |
| Sub-Type | Com-Res Income |
| Status | Closed |
Community Information
| Address | 4275 48th St |
|---|---|
| Area | SAN DIEGO (92115) |
| County | San Diego |
| State | CA |
| Zip Code | 92115 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|---|
| # of Stories | 2 |
Additional Information
| Date Listed | May 13th, 2025 |
|---|---|
| Days on Market | 49 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Apartment Realty Group (ARG) |
|---|