Address
4444 49th, San Diego, CA
Price
$ 2,250,000
Property Attributes
- MLS#250041093SD
- TypeSingle Family
- Listing Status Pending
- CountySan Diego
- CitySan Diego
- Area San Diego
- NeighborhoodTalmadge
- Zip92115
- Style
- Year Built1962
- Price$ 2,250,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
Data Source:
California Regional MLS (CRMLS)
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.
| Price History | |
|---|---|
| 1/27/2026 | Listed $2,250,000 |
General Features
| Heating | NaturalGas |
|---|---|
| Cooling | WallWindowUnits |
| Possession | CloseOfEscrow |
| Roof | RolledHotMop |
| Appliances | GasWaterHeater |
| Year Built | 1962 |
| Tenant Pays | Electricity,Sewer,TrashCollection,Water |
| Stories Count | 2 |
| Levels | Two |
| County | San Diego |
| Net Operating Income | 168227 |
| Property Type | ResidentialIncome |
| Subdivision Name | Talmadge |
| Status | Pending |
| Directions | CrossStreet: El Cajon Blvd / Monroe |
| City | San Diego |
| Disclosures | Incorporated |
| Number Of Units Total | 8 |
| MLS Area | 92115 - San Diego |
| Listing Terms | Cash,Conventional,FHA,VaLoan |
| Virtual Tour | https://www.propertypanorama.com/instaview/snd/250041093 |
| Standard Status | Pending |
| Cap Rate | 7 |
| PostalCity | SAN DIEGO |
Interior Features
| Total Stories | 2 |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
Exterior Features
| Fencing | Partial |
|---|---|
| Park Name | Complex |
| Number of Buildings | 1 |
| Spa | false |
| Lot Size Source | PublicRecords |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 92115
Price
Year Built
In The Neighborhood
Open House
San Diego
$ 1,199,000
4620 Altadena Ave
San Diego, CA 92115
- Type
- Single Family
- Size
- 1,136 SqFt
- Rooms
- 3 Beds + 2 Baths
San Diego
$ 824,999
4649 Altadena
San Diego, CA 92115
- Type
- Single Family
- Size
- 812 SqFt
- Rooms
- 2 Beds + 1 Baths
San Diego
$ 985,000
4704 Austin Dr
San Diego, CA 92115
- Type
- Single Family
- Size
- 1,286 SqFt
- Rooms
- 3 Beds + 2 Baths
San Diego
$ 1,275,000
4759 Baylor Drive
San Diego, CA 92115
- Type
- Single Family
- Size
- 1,682 SqFt
- Rooms
- 3 Beds + 2 Baths
San Diego
$ 1,090,000
4958 Dick St
San Diego, CA 92115
- Type
- Single Family
- Size
- 1,006 SqFt
- Rooms
- 3 Beds + 1 Baths
Based on information from California Regional Multiple Listing Service, Inc. as of September 11, 2026 6:01 PM UTC 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.
