$2,100,000

Estimated payment $12,940/month

Total Views 5,954
14 Beds
8 Baths
4,180 Sq Ft
$502 Price per Sq Ft

About This Home

We are pleased to present 4140 48th Street, a fully renovated, turnkey multifamily asset located in the sought-after Colina del Sol neighborhood of San Diego. Strategically positioned just one block south of El Cajon Boulevard and near Interstate 15, this property provides easy access to key locations such as San Diego State University and Downtown San Diego. The property sits on a 6,397 SF parcel, with a 4,180 SF residential structure that includes four large-format apartment units—two 3-bedroom/2-bath and two 4-bedroom/2-bath units, each averaging 1,045 SF. The spacious unit mix caters specifically to larger families, a rare feature in the area. The property also includes five tandem parking spaces, offering a significant competitive advantage in this density-constrained market.

Listing Agent

Adrian Gonzalez

Bridgepoint Realty Inc License #01844618 Listed on: 03/31/2026

Co-Listing Agent

Alexio Barbara

Bridgepoint Realty Inc License #01992393

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 14 Bedrooms
  • 4,180 Sq Ft Home
  • 2-Story Property

Additional Features

  • Property is Fully Fenced
  • Central Air

Community Details

Overview

  • 4 Units
  • City Heights Subdivision

Building Details

  • Operating Expense $40,070

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1964
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 5.19
  • Co List Office Mls Id: 993429
  • Co List Office Mls Id: 993429
  • Subdivision Name: CITY HEIGHTS
  • BuildingName: N/A
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-04-01T00:00:00Z
  • AgeRestrictions: N/K
  • FullAddress: 4140 48th St
  • ShortSale: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bedrooms: 14

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • Construction Type: Stucco

Utilities

  • Cooling: Central Forced Air

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas/Propane

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 4
  • Annual Operating Expense: 40070.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $19,162 $1,485,690 $923,250 $562,440
2024 $17,934 $1,456,560 $905,148 $551,412
2023 $17,538 $1,428,000 $887,400 $540,600
2022 $2,638 $213,390 $100,414 $112,976
2021 $2,620 $209,207 $98,446 $110,761
2020 $2,589 $207,063 $97,437 $109,626
2019 $2,543 $203,004 $95,527 $107,477
2018 $2,379 $199,024 $93,654 $105,370
2017 $2,322 $195,122 $91,818 $103,304
2016 $2,282 $191,297 $90,018 $101,279
2015 $2,248 $188,424 $88,666 $99,758
2014 $2,215 $184,734 $86,930 $97,804
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2026 03/31/26 For Sale $2,100,000 -- $502 / Sq Ft
Source: San Diego MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed -- Ticor Title
Grant Deed $1,400,000 Pacific Coast Title
Grant Deed -- Pacific Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $1,330,000 New Conventional
Closed $1,050,000 New Conventional
Source: Public Records

Source: San Diego MLS

MLS Number: 260007512

San Diego MLS

APN: 471-411-22-00

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