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PRICE REDUCED $955k! - New Construction 837 S 47th St 8 Unit Apartment Building $3,895,000 ($486,875/Unit) 5.25% Cap Rate San Diego, CA 92113

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INVESTMENT HIGHLIGHTS

  • 2025 New Construction
  • Private patios + attached 2-car garages
  • Separately metered gas, electric, & water
  • 8 units | All 2BR/2BA tri-level layouts
  • Modern finishes, open floorplans, natural light
  • Low-maintenance investment in a strong rental market

EXECUTIVE SUMMARY

Brand New 2025 Construction 8-Unit Townhome Community close to COO and being advertised at $2999 each. Exceptional opportunity to own a brand-new multifamily asset in central San Diego. Built in 2025, this 8-unit townhome-style property features spacious 2-bedroom / 2-bath tri-level layouts, each with an attached 2-car garage, private patios, and modern finishes throughout. Every unit is separately metered for gas, electric, and water, minimizing operating expenses and streamlining management. With new construction and modern design, this property offers turnkey ownership and long term investment stability.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $3,895,000
Price Per Unit $486,875
Sale Type Investment
Cap Rate 5.25%
Gross Rent Multiplier 13.53
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class A
Lot Size 0.25 AC
Building Size 8,144 SF
No. Stories 3
Year Built 2025
Opportunity Zone Yes
Zoning RM-2-5 - Multi-Family

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Heating
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Dining Room
  • Patio

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2.5 8 $2,999 1,018

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
547-601-04
Land Assessment
$524,948
Improvements Assessment
$76,553
Total Assessment
$601,501
  • Listing ID: 38104192

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 837 S 47th St, San Diego, CA 92113

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