$2,350,000

Estimated payment $14,651/month

1 Bed
1 Bath
5,190 Sq Ft
$453 Price per Sq Ft

About This Home

4062 49th Street is a 9-unit complex in City Heights with plenty of parking. The 5,190 square foot building built in 1968 is situated on a 5,739 square foot lot. There are nine 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 Agent

Benn Vogelsang

NorthMarq Multifamily License #01883437 Listed on: 10/27/2025

Property Details

Home Type

  • Multi-Family

Parking

  • 9 Parking Spaces

Home Design

  • 5,190 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom

Community Details

Overview

  • 9 Units

Building Details

  • 9 Leased Units
  • Operating Expense $62,765

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 5.88
  • Co List Office Mls Id: 990885
  • Living Area: 5190.0
  • NumofLeasedApartments: 9
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 1

Garage/Parking

  • Total Parking Spaces: 9.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 9
  • Annual Operating Expense: 62765.0
  • Total Actual Rent: 17254.0

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2025 10/27/25 For Sale $2,350,000 -- $453 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250042932

San Diego MLS

APN: 471-511-27-00