Address
4334 49th Street San Diego, CA
Price
$ 2,375,000
Property Attributes
  • MLS#200039656
  • TypePending
  • CountySAN DIEGO
  • CitySan Diego
  • Zip92115
  • StyleCommercial/Residential
  • Price$ 2,375,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Thomas McCartin with Marcus & Millichap.
Property Description

49th Street Villas is a 9 Unit turn-key apartment building, that was constructed in 1975. The properties interior and exterior were completely renovated in 2017. The property sits a half block south of El Cajon Blvd in the high demand rental market of City Heights. The unit mix comprises (8) spacious 2BR/1BA and (1) 1BR/1BA unit. A new Investor will be taking possession of a very well maintained building with no deferred maintenance. Rents are currently about 5-10 percent below market. Ownership has not raised rents in 2019 or 2020 so far. The current owner has rents set at market or just below and has collected 100% of rents during COVID 19.

Price History
8/17/2020 Listed $2,375,000

General Features

Carport Spaces 4.00
Co-Listing Agent Last Name Benjamin
Co-Listing Agent Last Name Price
Co-Listing Agent State License # 02113264
Co-listing Agent Benjamin Price - BRE#02113264
Listagentaor San Diego
Listing Agent Thomas McCartin - BRE#01427348
Listing Agent State License 01427348
Property SubType Commercial/Residential
Property Type Commercial Sale
Source System SDMLS
Total Units 9
Zoning R-4 Mult

Exterior Features

Number of Buildings 2
Total Parking 4.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92115

Price
AVG $670K
$2.38M
Visits
AVG 36
2
Walkscore
AVG 72
91
Data Provided by Walkscore ® not using MLS data

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