4444 49th, San Diego, CA 92115

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
4444 49th,San Diego, CA 92115
$2,250,000
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: christian romero
Office: millennial realty group
MLS#:250041093SD
Source:CRMLS

Price summary

  • Price:$2,250,000

About this home

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.

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Home facts

  • Year built:1962
  • Listing ID #:250041093SD
  • Added:135 day(s) ago
  • Updated:February 21, 2026 at 08:31 AM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Natural Gas

Structure and exterior

  • Roof:Rolled Hot Mop
  • Year built:1962

Finances and disclosures

  • Price:$2,250,000
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