Listing provided courtesy of Erin McLain of M2 Real Estate & Consulting. Last updated 2025-05-31 09:14:38.000000. Listing information © 2024 Sandicor.
Asking Price: $1,590,000 | Active
4209-15 49th St., San Diego CA 92115
Community: San Diego
This Res Income 2-4 Units property was built in 1953 and is priced at $1,590,000. Please see the additional details below.
Investor Alert! Upgraded 4-Unit Building with 4 Garages & Laundry Room! Excellent opportunity to own a turn-key 4-unit multifamily property with strong existing cash flow and future upside potential. Each unit has been upgraded and includes stove, dishwashers, microwaves & refrigerators. The building features 4 private garages, a commercial laundry room, New 400 amp main panel with 6 meters (2 unused for future use). All electrical is new including new interior subpanels & wiring in each unit. Unit mix: 1- 3 bed/1 bath ($2285/mo), 2- 2 bed/1 bath ($1770 & $1775/mo), and 1- 1 bed/1 bath ($1795/mo). Laundry provides extra income ranging between $300-400/mo and that income is not included in the stated NOI. This property is always rented and ideally situated near schools & public transportation, making it a consistent performer in one of San Diego’s most desirable rental areas. With room to increase rents, this is a perfect addition to any portfolio for long-term, stable income, or a great owner-occ with a beautiful 3 bed unit above the garages. Don’t miss out on this great opportunity!