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4227 49th Street, San Diego, CA 92115

Commercial property · 2 recorded sales since 2025

4227 49th Street, San Diego, CA 92115 Sold April 2026 CRMLS
$2,200,000Sold April 2026

Listing Agent: Benn Vogelsang (DRE #01883437) · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: Benn Vogelsang · NorthMarq Multifamily · MLS #250042756SD · Source: CRMLS

8
Units
5.81%
Cap Rate
$131,228
NOI
6,907 sqft
Lot Size
Commercial property
Type

About this commercial property

4227 49th Street is an 8-unit complex in City Heights with plenty of parking. The 5,628 square foot building built in 1969 is situated on a 6,907 square foot lot. There are three 2 Bedroom / 1.75 Bathroom units and five 1 Bedroom / 1 Bathroom units. All units have been completely remodeled in 2025. There was a new roof installed as well as stucco repair, exterior repaint, new security doors, and water proofing of the balconies. All unit interiors feature new canned lighting, window coverings and vinyl plank flooring with new baseboards. All units have new appliances and electric wall heaters powered by new sub panels. Plumbing was replaced with copper and ABS as needed. The kitchens and bathrooms feature new cabinets, fixtures, hardware, and quartz countertops. There is an onsite laundry facility that has been expanded and has new machines. The property is located in City Heights, close to the transit and shopping off El Cajon Blvd.

Listing description from the April 2026 sale, as reported to CRMLS.

Sale history

$2,200,000
Sold April 2026 · listed $2,260,000, on market October 2025 · MLS #250042756SD · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: Benn Vogelsang · NorthMarq Multifamily
$1,350,000
Sold February 2025 · listed $1,570,000, orig. $1,590,000, on market July 2024 · MLS #240017482SD · Source: CRMLS
Listing Agent: Benn Vogelsang · Listing Office: NorthMarq Multifamily · Contact: 858-675-7865 · Bought with: OUT OF AREA · OUT OF AREA
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