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
Address:
4444 49th St
Type:
Residential Income
Subdivision:
Talmadge
Neighborhood:
92115sandiego
City:
San Diego
Listed Date:
Jun 18, 2025
State:
CA
ZIP:
92115
Year Built:
2022
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Parking Spots
0.00
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Stories Total
2
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Community
- Address4444 49th St San Diego CA
- Area92115 – San Diego
- SubdivisionTalmadge
- CitySan Diego
- CountySan Diego
- Zip Code92115
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4444 49th St
San Diego, CA
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