Description

4140 48th Street, San Diego, CA presents a stabilized investment opportunity in the heart of the Colina del Sol neighborhood. This fully renovated multifamily asset, originally built in 1964, comprises 4 units featuring a rare, large-format mix of two 3-bedroom/2-bathroom and two 4-bedroom/2-bathroom configurations. The property encompasses 4,180 gross square feet on a 6,397 square foot parcel, offering significant density in a supply-constrained market. With a current purchase price of $1,995,000, the asset delivers immediate cash flow with a capitalization rate of 5.60% and a Gross Rent Multiplier of 13.0, metrics that reflect the premium quality of the recent turnkey renovations and the asset's operational efficiency.

Property details

Year built

1964

Property type

Residential Income

Location

4140 48th St • San Diego, CA 92105

More homes for sale and rent in San Diego, CA →

Listing Agent

Adrian Gonzalez-Pureco

DRE #: 01844618

Brokerage: Bridgepoint Realty Inc

Alexio Barbara

Co-Listing Agent

DRE #: 01992393

Brokerage: Bridgepoint Realty Inc

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Closed sales reported in 92105, nearest first, last 12 months. All recent sales in San Diego →

CRMLS

MLS# 260024782SD

Listed: 10/13/2026 8:09 AM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/13/2026 4:20 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Bridgepoint Realty Inc

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 4140 48th St, San Diego, CA