NOT LISTED FOR SALE

4277 48th St San Diego, CA 92115

Colina Del Sol Neighborhood
7 Beds
4 Baths
3,100 Sq Ft
5,724 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $1,540,000 $497 Per Sq Ft

6 Days on Market

Highlights

  • Gated Community
  • Security Gate
  • Gated Home
  • Fireplace
  • Laundry Facilities
  • Heating System Uses Natural Gas

About This Home

As of December 2021

PENDING - Incredible multi unit property in south Talmadge completely renovated in 2019. Each unit has updated kitchens with quartz countertops and white shaker cabinets, modern bathrooms, flooring, new windows, custom blinds and heating. All four units rented plus an optional office space and basement storage space for tenants. New turf grass area for pets to play and run around. Large lush courtyard for tenants to enjoy and security gates around to create a secure complex. Back parking lot is enough for 5 cars and 2 motorcycles. Property also includes coin laundry on site for additional income. Opportunity to build two more units on property and confirmed by local ADU company, inquire agent for more details. Great property still with lots of opportunity to increase value!

Last Agent to Sell the Property

Seth Struiksma

Compass License #01868552 Listed on: 11/09/2021

Compass

Last Buyer's Agent

Tracie Kersten

Compass License #01137669

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 5,724 Sq Ft Lot
  • Gated Home
  • Property is Fully Fenced

Home Design

  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fireplace

Home Security

  • Window Bars
  • Security Gate

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 471-322-04-00

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 48Th Street Community

Pet Policy

  • Pet Restriction

Additional Features

  • Laundry Facilities
  • Net Operating Income $7,400
  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Uptown
  • Cross Street: 48th Street and Trojan Ave
  • Neighborhood: Talmadge
  • Stories: 1 Story
  • Sale Price List Price: 1.0
  • Total Stories: 1
  • Year Built: 2019
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Prkng Non Garage Spac U3: 1
  • Prkng Non Garage Spac U4: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Block
  • Fencing: Full, Gate
  • Roof: Composition

Utilities

  • Cooling: Wall/Window
  • Security: Gated Community, Security Bars
  • Sewer/Septic: Sewer Connected
  • Water: Available
  • Water Heater Type: Electric, Gas
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Complex Name: 48th Street
  • Pets Allowed: Allowed w/Restrictions
  • Community: TALMADGE
  • Complex Features: Gated Community, Laundry Facilities, Pet Restrictions
  • Manager Name: Struiksma Inc
  • Manager Phone: 7144484699

Fee Information

  • Other Fees Type: Security Gate

Lot Info

  • Lot Size: 7,500-10,889 SF
  • Site: Public Street
  • Water District: CITY OF SAN DIEGO
  • Zoning: R-4:MULTIP
  • Assessor Parcel Number: 471-322-04-00
  • Estimated Lot Sq Ft: 5724
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.13
  • Map Code Column: J
  • Map Code Page: 1269
  • Map Code Row: 4

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • No. of Units: 4
  • Actual Net Operating Income: 7400
  • Annual Expense Actual: 1200
  • Gross Rent Multiplier Actual: 6.0
  • Gross Sched Income Actual: 7535
  • Gross Sched Income Projected: 9000
  • Number Of Buildings: 2
  • Number Of Units With Cooling: 4
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Patios: 4
  • Number Of Units With Range Oven: 4
  • Number Of Units With Refrigerator: 4
  • Other Income Actual: 2000

Range of Values:

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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 Change Sq Ft Price
12/10/2021 12/10/21 Sold $1,540,000 0.0% $497 / Sq Ft
11/20/2021 11/20/21 Price Changed $1,540,000 +4.4% $497 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/09/2021 11/09/21 For Sale $1,475,000 -- $476 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Seth Struiksma

    Seller's Agent in 2021

    Seth Struiksma

    Compass

    (714) 448-4699

    3 in this area

    108 Total Sales

    Seth Struiksma
    Section Image
  • Tracie Kersten

    Buyer's Agent in 2021

    Tracie Kersten

    Compass

    (619) 886-5294

    1 in this area

    103 Total Sales

    Tracie Kersten
    Section Image
  • Ryan Mathys

    Buyer Co-Listing Agent in 2021

    Ryan Mathys

    Compass

    (858) 405-4004

    1 in this area

    23 Total Sales

    Ryan Mathys
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 210030931

San Diego MLS

APN: 471-322-04-00

California San Diego County San Diego 92115 Colina Del Sol

4277 48th St, San Diego, CA

This home is located at 4277 48th St, San Diego, CA 92115 since 09 November 2021. This property was built in 2019. 4277 48th St is a home located in San Diego County with nearby schools including Ibarra Elementary School, Mann Middle School, and Crawford High School.

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