Turnkey 8-Unit Investment Near SDSU | Fully Renovated | Strong Cash Flow Exceptional opportunity to acquire a stabilized, income-producing 8-unit multifamily property located just minutes from SDSU and the rapidly expanding College Area. This fully remodeled asset consists of eight 1-bed/1-bath units—six of which are currently leased as mid-term rentals, generating above-market rents due to high demand from traveling professionals and students. – Annual Gross Scheduled Income: ~$232,800 – Price: $2,599,000 – GRM: ~11.16 – Estimated Cap Rate: ~5.8% (based on actual mid-term rental income &' market expenses) – Unit Mix: (8) 1-Bed / 1-Bath – Current Occupancy: 100% – Parking: 11 dedicated spaces – Laundry: On-site – Walk Score: 91 – highly walkable to retail, dining, and public transportation Each unit has been tastefully upgraded with modern kitchens, bathrooms, luxury vinyl flooring, stainless steel appliances, and new lighting throughout. With low maintenance needs and consistent occupancy, this asset offers a unique opportunity for investors seeking both immediate cash flow and long-term appreciation in one of San Diego’s most desirable rental markets. Whether you continue operating it as a mid-term rental powerhouse or transition to long-term tenants, the upside is significant in this high-demand submarket.
Property Details
Price:
$2,699,000
MLS #:
250030908SD
Status:
Active
Baths:
0
Type:
Residential Income
Subdivision:
Talmadge
Neighborhood:
92115sandiego
Listed Date:
Jun 18, 2025
Year Built:
2022
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Electric
Exterior
Parking Spots
0.00
Financial
Map
Community
- Address4444 49th St San Diego CA
- Neighborhood92115 – San Diego
- SubdivisionTalmadge
- CitySan Diego
- CountySan Diego
- Zip Code92115
Subdivisions in San Diego
- Bay Park
- Bayside BS
- Bonita
- Bonsall
- BP
- Carmel Mountain Ranch
- Carmel Valley
- Casablanca CSB
- CAV
- CH
- Chula Vista
- City Heights
- Civita CIVI
- Clairemont
- College Grove
- Coronado Shores
- Coronado Village
- Crown Point
- Crown Point CP
- Del Cerro
- Del Mar
- Downtown
- DWTN
- East Del Mar
- East San Diego
- East Village 400
- Encanto
- ENCTO
- Escala ESCL
- Hillcrest
- Imperial Beach
- Kearny Mesa
- Kensington
- La Costa
- La Jolla
- La Mesa
- Lemon Grove
- Linda Vista
- Logan Heights
- Marbella MB
- Middletown
- Mira Mesa
- Mission Beach
- Mission Greens R1 MG
- Mission Hills
- Mission Valley
- Mission Village
- Normal Heights
- North Park
- Ocean Beach
- Old Town
- olive street
- Pacific Beach
- Paradise Hills
- Park Villas South
- PL
- Point Loma
- Poway
- Presidio PRES
- Promontory PROM
- Rancho Bernardo
- Rancho Pacifica 1 261701
- Rancho Penasquitos
- Rancho Santa Fe
- RB
- Sabre Spr
- San Carlos
- San Diego
- San Ysidro
- SANT
- Santaluz
- SBS
- Scripps Ranch
- SD
- Serra Mesa
- Solana Beach
- Sonoma Tract 8 1118
- South Sd
- Spinnaker Point SPINP
- Spring Valley
- Stonebridge 3700
- Talmadge
- The Cottages COTT
- Tierrasanta
- Torrey Highlands
- UC
- University City
- University Heights
Market Summary
Current real estate data for Residential Income in San Diego as of Oct 24, 2025
180
Residential Income Listed
177
Avg DOM
$1,827,851
Avg List Price
Property Summary
- Located in the Talmadge subdivision, 4444 49th St San Diego CA is a Residential Income for sale in San Diego, CA, 92115. It is listed for $2,699,000
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