4139 46Th Street Pending Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92105
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 4,544 sqft
Price per Sqft $352
MLS Listing ID CRPTP2504233
HOA Y/N No
Year Built 1978
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
Exceptional value-add 7-unit multifamily investment in the heart of City Heights. Priced at just $228K per unit, this asset offers strong fundamentals with a GRM of 11.4 (pro forma) and a 6.3% pro forma cap rate. The unit mix includes six 1BR/1BA units and one spacious 2BR/2BA townhome-style unit with an attached 2-car garage and bonus room. All units are on month-to-month leases with rents well below market, presenting a major opportunity to increase cash flow. Located in an RM-1-1 zone within a Transit Priority Area, this site supports long-term redevelopment or potential ADU additions. Ideal for investors seeking immediate rental upside and future redevelopment potential.
Location
State CA
County San Diego
Interior
Fireplace No