4139 46th Street, San Diego, CA 92105 - Berkshire Hathaway HomeServices California Properties

4139 46th Street, San Diego, CA 92105

$1,600,000 Approx. USD 0 beds, 0 baths

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Listing Agent


Sarah Newcomb | sarah@deanaguilargroup.com
Lic#: 01900898
Broker: Courtesy of Real Broker

Co Listing Agent


Christopher Barron | Christopherbarron0@gmail.com
Lic#: 02129949
Broker: Courtesy of Real Broker

Agent Remarks

Exceptional value-add 7-unit multifamily investment in the heart of City Heights. Priced at just $228K per unit, this asset offers strong fundamentals with a GRM of 11.4 (pro forma) and a 6.3% pro forma cap rate. The unit mix includes six 1BR/1BA units and one spacious 2BR/2BA townhome-style unit with an attached 2-car garage and bonus room. All units are on month-to-month leases with rents well below market, presenting a major opportunity to increase cash flow. Located in an RM-1-1 zone within a Transit Priority Area, this site supports long-term redevelopment or potential ADU additions. Ideal for investors seeking immediate rental upside and future redevelopment potential.

Listing Details

Property type: Multi Family (Commercial)
Status: Active
MLS# PTP2504233
Price: $1,600,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1978
County: San Diego
Zoning: RM-1-1
Lot description: Street Level
MLS area: 92105 - East San Diego

Last Updated: 6/16/2025

 Days On Market (DOM): 12

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This listing belongs to the 92105 - East San Diego MLS area

Lat/Long: 32.752132, -117.095209.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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