Back 4275 48th St
Off Market

4275 48th St

San Diego CA 92115

3
3
9990 sq. ft.
Other
Last sold for $4,150,000
Jordan ConcepcionJordan Concepcion, last sold this property on 27 August 2025 after 575 days on market.

Overview

6.13% Cap Rate | Value-Add Opportunity with ADU Potential. Well-maintained 16-unit property with strong current income and room to grow. Light renovations can push returns to 7%+. Excellent unit mix: ten 1BD/1BA, four 2BD/1.5BA, and two studios. Six units feature in-unit washer/dryers. Most units updated with laminate flooring, quartz counters, stainless steel appliances, tiled showers, and new cabinetry. Select units include AC. ADU potential for 1–2 additional units. Upside in rents with minimal improvements.

Features

3 bedrooms
3 bathrooms
9990 sq. ft. floor area
Other

Estimated Value

We need at least 3 similar 3 bedroom other properties sold in San Diego over the last 12 months.

Property history for 4275 48th St

2025
Sold
$4,150,000
27 Aug 2025 by Jordan Concepcion, of Apartment Realty Group (ARG)
2016
Sold
$1,730,000
02 Mar 2016

Happy sellers in San Diego

<50%
Less than 50% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in San Diego over the last 12 months.

Local market activity for 3 bedroom other properties in San Diego

In the last 12 months, 1 three-bedroom other similar to 4275 48th St, have been sold.

This represents a 67% increase in three-bedroom other properties sales when compared to the previous 12 months.

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