4444 49th, Talmadge/San Diego Central, CA 92115

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Listing courtesy of Listing Agent: Christian Romero (619-254-3446) from Listing Office: Millennial Realty Group.

List Price
$2,250,000
Status
PENDING
Days on Market
351
Price Change
▼ $250,000 1762309911
MLS#
250041093
Subtype
Residential Income
Year Built
1962
Bedrooms
4
Bathrooms
4
Full Baths
4
Subdivision
Talmadge
Neighborhood
Talmadge
Building Name
Complex
MLS Area Major
San Diego Central

Property Description

HUGE PRICE REDUCTION! $350,000!!! Incredible opportunity to own a fully remodeled 8-unit multifamily property just minutes from SDSU in the rapidly growing College Area of San Diego. Each 1-bed / 1-bath unit is newly upgraded and will be delivered fully furnished, offering a turnkey investment with strong existing income. Six units are currently producing high-demand mid-term rental income, with significant upside if converted to long-term tenants, achieving a projected 6.42% cap rate at the new price of $2,250,000. The property features modern interiors, on-site laundry, 10 parking spaces, and a Walk Score of 91, providing excellent accessibility to dining, retail, and transportation. With strong cash flow, prime location, and appreciation potential, this is a rare, stabilized asset ready for both immediate income and long-term growth. On-site Coin Laundry provides additional monthly income.

Additional Information

Heating
Gravity
Air Conditioning
Window/Wall
Levels
Two
Roof
Rolled Hot Mop

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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