4275 48th St, Property Listing: MLS® #250027339

6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.

4275 48th St, Property Listing: MLS® #250027339 Close
Page Summary
  • 619-987-4851
  • MLS® #: 250027339
  • 4275 48th St
  • , CA 92115
  • $4,190,000
  • 3 Beds, 3 Bath, 9990 SqFt
  • Office: Apartment Realty Group (arg)

6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.

Ask about this Property Share this Listing Add to Favorites Delete from Search Results

Essential Information

  • MLS® #250027339
  • Listing Price$4,190,000
  • List Price per Square Foot$419.42
  • Date ListedMay 13th, 2025
  • Days on Market50
  • Bedrooms3
  • Bathrooms3.00
  • Square Footage9,990
  • TypeResidential Income
  • Sub-TypeCom-Res Income
  • StatusActive

Community Information

  • Address4275 48th St
  • AreaSAN DIEGO (92115)
  • CountySan Diego
  • StateCA
  • Zip Code92115

Amenities

  • Has PoolYes

Interior

  • FireplaceYes
  • # of Stories2
Print this Page

Property Location

Get directions to this property:
Please provide a valid email address.

Nearby Schools in

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS®, Inc.

Listing information last updated on July 19th, 2025 at 12:39am PDT.