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4140 48Th St, San Diego, CA 92105
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4140 48Th St San Diego, CA 92105

$2,095,000
  • 14 Beds
  • 8 Baths
  • -- Sq.Ft.
For Sale
$2,095,000 Get Pre-Qualified
Map preview of 4140 48Th St, San Diego, CA 92105

Property Overview: 4140 48Th St San Diego, CA has 14 bedrooms, 8 bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We are pleased to present this turnkey four-unit property. The property features a strong unit mix with new electrical system, new plumbing, new exterior light fixtures, new exterior paint, new resurfaced concrete, 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 and new kitchens & bathrooms. Current gross rental income is $13,200 per month / 5.29% CAP. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development. Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

Listed by Alexio Barbara | BRE #01992393 | South Coast Commercial, Inc.
Co-listed by Adrian Gonzalez-Pureco | BRE #01844618 | South Coast Commercial, Inc.
Last checked: 11 minutes ago | Last updated: January 30th, 2024 | Source CRMLS | DOM: 218
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Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
230019387SD
City
San Diego
County
San Diego
Time on Site
243 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Actual Rent: $3,200
  • Total Rent: --
  • Pro Forma/Market Rent: $3,295
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 2
  • Actual Rent: $3,420
  • Total Rent: --
  • Pro Forma/Market Rent: $3,595
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 3
  • # of Baths: 2
  • Actual Rent: $3,080
  • Total Rent: --
  • Pro Forma/Market Rent: $3,295
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 4
  • # of Baths: 2
  • Actual Rent: $3,500
  • Total Rent: --
  • Pro Forma/Market Rent: $3,595
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.25%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $157,440
  • Net Operating Income: $109,944
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4140 48Th St

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Property Details for 4140 48Th St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Total # of Units: 4
  • Parcel Number: 4714112200
Location / Neighborhood
Location Information
  • Subdivision Name: City Heights
  • Directions: CrossStreet: Orange Ave
View more facts & features

Local San Diego Agent

Sale History for 4140 48Th St

Last sold on April 25th, 2007

  • October, 2023

  • Oct 2, 2023

    Date

    Active

    CRMLS: 230019387SD

    $2,095,000

    Price

  • September, 2023

  • Sep 23, 2023

    Date

    Expired

    CRMLS: 230003402SD

    $2,095,000

    Price

  • Feb 22, 2023

    Date

    Active

    CRMLS: 230003402SD

    $2,159,000

    Price

  • Listing provided courtesy of CRMLS

    We are pleased to present this 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 resurfaced concrete, 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 and new kitchens & bathrooms. Current gross rental income is $13,000 per month. The property also lies in the complete communities map (FAR Tier 3: 6.5 FAR) allowing for significant bonus density for development. Agent has not verified public records, including but not limited to permits, lot size, number of rooms, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***

  • April, 2007

  • Apr 25, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 4140 48Th St

Assessed Value (2020): $207,063
Year Land Value Improved Value Assessed Value
2020 $97,437 $109,626 $207,063

Home Value Compared to the Market

This property vs the competition

4140 48Th St is listed 126.49% higher than the median list price for the city of San Diego which has a median list price of $925,000.

About 4140 48Th St

Detailed summary of property

4140 48Th St is a multi family located in San Diego, CA 92105 and is currently for sale. This multi family property offers 14 bedrooms, 8 bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 4140 48Th St was first listed on ArdentRealEstateGroup.com on October 2, 2023. The homeowner is currently asking $2,095,000. The median priced home in San Diego is $925,000 with a median price per square foot of $708. Based on Ardent Real Estate Group's San Diego Market Data, this home is listed 126.49% higher than the median priced home. Local competing homes currently for sale include 222 Costa Mesa St, 222 Costa Mesa St and 186 Del Mar Ave. While the average home in San Diego, CA is selling in 79 days, 4140 48Th St has a days on market of 218 days. There are currently 2436 homes for sale in the San Diego real estate market and 1250 of them are single family homes while 986 of them are condos and 200 are townhomes. For more information on this home for sale at 4140 48Th St San Diego, CA 92105 contact Ardent Real Estate Group and we will put you in touch with one of our San Diego agents.

Public Facts for 4140 48Th St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
6,397
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Diego
Lot#
32,33
APN
471-411-22-00

The source for these homes facts are from public records.

92105 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$640,000
Median List Price/Sq.Ft.
$586
Median Sold Price
$655,000
Median Sold Price/Sq.Ft.
$656
Total Inventory
58
Median Sale to List Price %
109.17%
Avg Days on Market
19
Loan Type
Conventional (47.62%), FHA (19.05%), VA (19.05%), Cash (9.52%), Other (4.76%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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