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4444 49th

San Diego, CA 92115
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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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,250,000

AD Id : 67351049

MLS Id : 250041093SD

Year Built : 1962

County : San Diego

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    Roof: Rolled/Hot Mop
    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1962
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Size Source: Public Records

    Property Information

    Subdivision: Talmadge Source Property Type: Residential Income Levels: Two Property Age: 64

  • Listing Price Information

    Listing Price: $2250000
    Original Price: $2350000
    Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 4711410800

  • Location Information

    Direction: CrossStreet: El Cajon Blvd / Monroe
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7180 82 Mohawk St, San Diego, CA, 92115 $1,100,000 -- -- --
6935 Mandalay, San Diego, CA, 92115 $849,000 4 2 1,671 1,671 SqFt
4850 69th Place, San Diego, CA, 92115 $949,000 5 2 1,624 1,624 SqFt
5198 Bocaw Pl, San Diego, CA, 92115 $1,174,999 3 2 1,272 1,272 SqFt
5254 Bocaw Pl, San Diego, CA, 92115 $875,000 2 1 874 874 SqFt
5191 Alumni Pl, San Diego, CA, 92115 $1,895,000 -- -- --
5109 Alumni Pl, San Diego, CA, 92115 $990,000 4 3 1,388 1,388 SqFt
5067 Alumni Pl, San Diego, CA, 92115 $1,499,000 -- -- --
4824 26 Rolando Blvd, San Diego, CA, 92115 $1,385,000 -- -- --
6407 13 Richard St, San Diego, CA, 92115 $2,995,000 -- -- --

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 03:05

MLS: 250041093SD LISTED BY: Christian Romero, Millennial Realty Group 619-759-1182 SOURCE: CRMLS

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