4275 48th St | San Diego, CA 92115
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- LoopNet Team
4275 48th St
San Diego, CA 92115
Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Strong In Place Cap Rate w/ Opportunity to Raise Rent's Without Large Construction Costs
- Studio Units Added w/Permits in Past 6 Years
- Easy Value Add Opportunity. Moderate Rent Increases can lead to a 7% Yield on Cost
- 6 of 16 Units Have In Unit Washer/Dryer
PROPERTY FACTS
| No. Units | 16 | Building Size | 9,990 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.6/1,000 SF |
| Lot Size | 0.22 AC | ||
| Zoning | RM-1-1 | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 9,990 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.6/1,000 SF |
| Zoning | RM-1-1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Range
- Tub/Shower
SITE AMENITIES
- Laundry Facilities
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 4 | $2,360 | 850 |
| 1+1 | 10 | $1,918 | 580 - 625 |
| Studios | 2 | $2,081 | 400 |
PROPERTY TAXES
| Parcel Number | 471-322-36 | Improvements Assessment | $1,508,759 |
| Land Assessment | $812,407 | Total Assessment | $2,321,166 |
PROPERTY TAXES
Parcel Number
471-322-36
Land Assessment
$812,407
Improvements Assessment
$1,508,759
Total Assessment
$2,321,166
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