4444 49th St, San Diego, CA 92115 - Berkshire Hathaway HomeServices California Properties

4444 49th St, San Diego, CA 92115

$2,699,000 Approx. USD 104 beds, 4 baths

Listing Agent


Christian Romero
Lic#: 02221513
Broker: Courtesy of Millennial Realty Group

Agent Remarks

Turnkey 8-Unit Investment Near SDSU | Fully Renovated | Strong Cash Flow Exceptional opportunity to acquire a stabilized, income-producing 8-unit multifamily property located just minutes from SDSU and the rapidly expanding College Area. This fully remodeled asset consists of eight 1-bed/1-bath units—six of which are currently leased as mid-term rentals, generating above-market rents due to high demand from traveling professionals and students. - Annual Gross Scheduled Income: ~$232,800 - Price: $2,599,000 - GRM: ~11.16 - Estimated Cap Rate: ~5.8% (based on actual mid-term rental income & market expenses) - Unit Mix: (8) 1-Bed / 1-Bath - Current Occupancy: 100% - Parking: 11 dedicated spaces - Laundry: On-site - Walk Score: 91 – highly walkable to retail, dining, and public transportation Each unit has been tastefully upgraded with modern kitchens, bathrooms, luxury vinyl flooring, stainless steel appliances, and new lighting throughout. With low maintenance needs and consistent occupancy, this asset offers a unique opportunity for investors seeking both immediate cash flow and long-term appreciation in one of San Diego’s most desirable rental markets. Whether you continue operating it as a mid-term rental powerhouse or transition to long-term tenants, the upside is significant in this high-demand submarket.

Listing Details

Property type: 2-4 Units (Multi-family)
Status: ACTIVE
MLS# 250030908
Price: $2,699,000
Beds: 104
Baths: 4 (4 full)
Built in 2022
2 stories
Lot size: 4,000-7,499 SF
Topography: Other/Remarks
County: San Diego
Zoning: R-4
Exterior features: Stucco
Amenities: Laundry Facilities,RV/Boat Parking
Heating description: Passive Solar
MLS area: SAN DIEGO (92115)

Last Updated: 6/25/2025

 Days On Market (DOM): 21

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This listing belongs to the SAN DIEGO (92115) MLS area

Lat/Long: 32.757641, -117.089299.
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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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