Seller's Agent in 2025
Andrew Tseng
Coldwell Banker Realty
(858) 210-5262
1 in this area
150 Total Sales
4091 48th St San Diego, CA 92105
Colina Del Sol Neighborhood
2
Beds
1
Bath
804
Sq Ft
5,299
Sq Ft Lot
About This Home
As of October 2025Investor Special in Prime Location - R-4 Zoned Lot Minutes from SDSU! Unlock incredible potential with this rare R-4 zoned property in the heart of San Diego! Situated on a 5,299 sq ft lot, this is the perfect opportunity for developers, investors, or visionaries to build a multi-family complex in a high-demand rental market. The current structure is a 2-bedroom, 1-bath detached home with 804 sq ft of living space - ideal as a short-term rental or holding income while planning your build. Located just minutes from SDSU, Costco, Sam’s Club, and a wide variety of restaurants, this central location offers strong tenant appeal and convenience. Whether you're aiming to build townhomes, apartments, or a modern rental compound, the zoning and location make this an opportunity you won’t want to miss.
Last Agent to Sell the Property
Coldwell Banker Realty License #02002834 Listed on: 05/15/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1925
Lot Details
- 5,299 Sq Ft Lot
- Property is Fully Fenced
Parking
- 2 Parking Spaces
Home Design
- Composition Roof
Interior Spaces
- 2 Bedrooms
- 804 Sq Ft Home
- 1-Story Property
Community Details
- City Heights Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 15, 2025
Closed on
Sep 26, 2025
Sold by
Ngo Elton
Bought by
Hamilton Joshua J and Hamilton Danielle Marie
Seller's Agent
Andrew Tseng
Coldwell Banker Realty
Buyer's Agent
Jorge Vega
Burton Financial Services
List Price
$650,000
Sold Price
$575,000
Premium/Discount to List
-$75,000
-11.54%
Views
258
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,237
Avg. Annual Appreciation
5.49%
Original Mortgage
$460,000
Outstanding Balance
$459,572
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$125,665
Purchase Details
Closed on
Jan 15, 2025
Sold by
Phoi And May Ngo Family Trust and Ngo Phoi
Bought by
Ngo Elton
Purchase Details
Closed on
Nov 11, 2005
Sold by
Ngo Phoi and Ngo May Boi
Bought by
Ngo Phoi and Ngo May Boi
Purchase Details
Closed on
Mar 3, 1994
Sold by
Baker Barbara A
Bought by
Ngo Phoi
Purchase Details
Closed on
Feb 3, 1994
Sold by
Ngo Phoi
Bought by
Ngo Phoi and Ngo May Boi
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $575,000 | Ticor Title | |
| Gift Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Administrators Deed | $58,500 | Gateway Title Company | |
| Quit Claim Deed | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/24/2025 10/24/25 | Sold | $575,000 | -8.0% | $715 / Sq Ft |
| 10/13/2025 10/13/25 | Pending | -- | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $625,000 | -3.8% | $777 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $650,000 | 0.0% | $808 / Sq Ft |
| 06/26/2025 06/26/25 | Pending | -- | -- | -- |
| 05/16/2025 05/16/25 | For Sale | $650,000 | -- | $808 / Sq Ft |
Source: San Diego MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,232 | $99,397 | $82,843 | $16,554 |
| 2024 | $1,232 | $97,449 | $81,219 | $16,230 |
| 2023 | $1,204 | $95,539 | $79,627 | $15,912 |
| 2022 | $1,172 | $93,666 | $78,066 | $15,600 |
| 2021 | $1,164 | $91,831 | $76,536 | $15,295 |
| 2020 | $1,151 | $90,891 | $75,752 | $15,139 |
| 2019 | $1,131 | $89,110 | $74,267 | $14,843 |
| 2018 | $1,059 | $87,363 | $72,811 | $14,552 |
| 2017 | $82 | $85,651 | $71,384 | $14,267 |
| 2016 | $1,016 | $83,973 | $69,985 | $13,988 |
| 2015 | $1,001 | $82,712 | $68,934 | $13,778 |
| 2014 | $986 | $81,093 | $67,584 | $13,509 |
Source: Public Records
Agents Affiliated with this Home
-
Andrew Tseng
-
Chris Tseng
Seller Co-Listing Agent in 2025
Chris Tseng
Coldwell Banker Realty
(858) 775-0822
1 in this area
54 Total Sales
-
Jorge Vega
Buyer's Agent in 2025
Jorge Vega
Burton Financial Services
(619) 261-5577
1 in this area
42 Total Sales
Map
Source: San Diego MLS
MLS Number: 250027672
APN: 471-502-01
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