51
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$2,050,000
Est. payment /mo
6,464 Sqft Lot
New
3546 3552 47Th Street San Diego, CA 92105
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision City Heights
MLS Listing ID 260026171SD
HOA Y/N No
Year Built 2026
Lot Size 6,464 Sqft
Property Description
NEW CONSTRUTION! just permitted in 2026. This four-unit complex is in San Diego's Fairmount Village. Enjoy very little maintenance! Every unit individually metered for water/electric/gas. Therefore, tenants pay all the utilities and landlord will have no utilities! Also, because this apartment complex is 4 Units you can get Conventional/FHA and VA loans. The desirable unit mix includes two 3-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Features of each unit include designer finishes, new dual-pane windows, in-unit laundry, and mini-split heating and cooling systems. New roofs on each building. New plumbing, electrical, flooring and all appliances. The front home enjoys a private yard, while rear residences feature balconies, decks, or outdoor spaces. Five alley-accessed off-street parking spaces provide a 1:1 parking ratio and add everyday convenience. Current scheduled rents total $11,700 per month ($140,400 annually), offering an opportunity to acquire an fully rented multifamily building. This is in one of the strongest San Diego rental markets. Convenient access to neighborhood shopping, transit, I-805, CA-94, and downtown San Diego. Total square footage for all the units is 3,170 and the lot is 6,465 square feet. Since all the units were built in 2026, they are EXEMPT from California AB 1482 rent control (please discuss with Attorney). NEW CONSTRUTION! just permitted in 2026. This four-unit complex is in San Diego's Fairmount Village. Enjoy very little maintenance! Every unit individually metered for water/electric/gas. Therefore, tenants pay all the utilities and landlord will have no utilities! Also, because this apartment complex is 4 Units you can get Conventional/FHA and VA loans. The desirable unit mix includes two 3-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Features of each unit include designer finishes, new dual-pane windows, in-unit laundry, and mini-split heating and cooling systems. New roofs on each building. New plumbing, electrical, flooring and all appliances. The front home enjoys a private yard, while rear residences feature balconies, decks, or outdoor spaces. Five alley-accessed off-street parking spaces provide a 1:1 parking ratio and add everyday convenience. Current scheduled rents total $11,700 per month ($140,400 annually), offering an opportunity to acquire an fully rented multifamily building. This is in one of the strongest San Diego rental markets. Convenient access to neighborhood shopping, transit, I-805, CA-94, and downtown San Diego. Total square footage for all the units is 3,170 and the lot is 6,465 square feet. Since all the units were built in 2026, they are EXEMPT from California AB 1482 rent control (please discuss with Attorney).
Location
State CA
County San Diego
Area 92105 - East San Diego
Building/Complex Name 47th Street Apartments
Zoning R-2:MINOR
Interior
Heating Electric, See Remarks
Cooling See Remarks
Fireplace No
Appliance Electric Water Heater
Exterior
View Y/N Yes
Roof Type Composition
Building
Lot Description Drip Irrigation/Bubblers
Story Multi/Split
Entry Level Multi/Split
Level or Stories Multi/Split
Others
Senior Community No
Tax ID 4760612200
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA
Listing Terms Cash, Conventional, Cal Vet Loan, FHA
Listed by Joseph Galascione Joseph M. Galascione, Broker #01455641
NEARBY SCHOOL & BUSINESS
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