4444 49th
San Diego, CA 92115
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 0 -
Interior Features
Roof: Rolled/Hot Mop Property Appliances: Gas Water Heater -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Natural Gas Has Heating
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Building Information
Year Built: 1962 Roof: Rolled/Hot Mop -
Fencing
Partial
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Listing Price Information
Original List Price: 2,250,000 Listing Contract Date: 2025-10-08 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 4711410800
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Rental Info
Lease Term: Negotiable Tenant Pays: Electricity,Sewer,Trash Collection,Water
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Other Property Info
Source Listing Status: Pending Source Neighborhood: 92115 - San Diego Directions: CrossStreet: El Cajon Blvd / Monroe Source Property Type: Residential Income Area: 92115 - San Diego -
Building and Construction
Property Age: 64 Year Built Source: Vendor Enhanced Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4850 69th Place, San Diego, CA, 92115 | $995,000 | 5 | 2 | 1,624 | 1,624 SqFt |
| 5254 Bocaw Pl, San Diego, CA, 92115 | $925,000 | 2 | 1 | 874 | 874 SqFt |
| 5191 Alumni Pl, San Diego, CA, 92115 | $1,895,000 | -- | -- | -- | |
| 5067 Alumni Pl, San Diego, CA, 92115 | $1,499,000 | -- | -- | -- | |
| 13-6407 Richard St, San Diego, CA, 92115 | $2,995,000 | -- | -- | -- | |
| 4607 Rolando Blvd, San Diego, CA, 92115 | $1,095,000 | 3 | 2 | 2,087 | 2,087 SqFt |
| 4036 Loma Alta Dr, San Diego, CA, 92115 | $849,000 | 3 | 1 | 1,268 | 1,268 SqFt |
| 4725 Filipo Street, San Diego, CA, 92115 | $899,900 | 3 | 2 | 1,351 | 1,351 SqFt |
| 4941 Gary St., San Diego, CA, 92115 | $1,650,000 | 8 | 4 | 2,770 | 2,770 SqFt |
| 4356 Aragon Way, San Diego, CA, 92115 | $995,000 | 3 | 2 | 1,612 | 1,612 SqFt |
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ByOwner last updated this listing 06/08/2026 @ 22:43
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