4444 49th, San Diego, CA 92115

• 4 beds |
• 4 baths

Property Description

HUGE PRICE REDUCTION! $350,000!!! Incredible opportunity to own a fully remodeled 8-unit multifamily property just minutes from SDSU in the rapidly growing College Area of San Diego. Each 1-bed / 1-bath unit is newly upgraded and will be delivered fully furnished, offering a turnkey investment with strong existing income. Six units are currently producing high-demand mid-term rental income, with significant upside if converted to long-term tenants, achieving a projected 6.42% cap rate at the new price of $2,250,000. The property features modern interiors, on-site laundry, 10 parking spaces, and a Walk Score of 91, providing excellent accessibility to dining, retail, and transportation. With strong cash flow, prime location, and appreciation potential, this is a rare, stabilized asset ready for both immediate income and long-term growth. On-site Coin Laundry provides additional monthly income.

Listing Status:

Active

Listing Office:

Millennial Realty Group : 858-578-8181

Listing Agent:

Christian Romero : 619-254-3446

MLS ID:

250041093

Interior

• A/C: Wall/Window
• Heating: Wall/GravityNatural Gas

Construction

• Roofing: Rolled/Hot Mop
• General: Stucco2 Story

Location

• Originating MLS: SDMLS
• County: San Diego

Lot

• Zoning: 471-141-08-00
• Fencing: Partial

Utilities

• Utilities: Sewer Connected
• Water: Meter on Property

Financial

• Source: SDMLS

This listing courtesy of Christian Romero, Millennial Realty Group