6% CAP Rate We are pleased to present 430 47th Street, a newly constructed seven-unit multifamily investment opportunity located in San Diego's Chollas View neighborhood. This turnkey property combines the charm of a beautifully remodeled front home with the efficiency and low-maintenance benefits of six newly constructed one-bedroom residences, making it an ideal addition to any investment portfolio. Designed to appeal to today's renters, each unit features modern finishes including quartz stone countertops, stainless steel appliances, in-unit laundry, luxury vinyl plank flooring, and efficient floor plans. Several of the units also offer private side yards, providing desirable outdoor living space that is uncommon in similar apartment communities. One of the property's most valuable features is its eight off-street parking spaces. Parking is increasingly difficult to find in many newer multifamily developments throughout San Diego, making this a significant competitive advantage that enhances tenant satisfaction and helps minimize turnover. Located in an area experiencing continued investment and redevelopment, 430 47th Street offers investors the rare opportunity to acquire a newly built, low-maintenance asset with modern amenities, strong tenant appeal, and long-term income potential.
For sale
$2,600,000
430 47th St, San Diego, CA 92102
7beds
3,790sqft
Multi Family
Built in ----
-- sqft lot
$2,505,500 Zestimate®
$686/sqft
$-- HOA
What's special
Private side yardsBeautifully remodeled front homeQuartz stone countertopsStainless steel appliancesLuxury vinyl plank flooringIn-unit laundryEight off-street parking spaces
- 51 days
- 99
- 0
Zillow last checked:
Listing updated:
Listed by:
Joe Phair DRE #01858062 858-776-7703,
Keller Williams San Diego Metro,
Nikki Francis DRE #01951844 619-634-4330,
Keller Williams San Diego Metro
Source: SDMLS,MLS#: 260017544
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Wall
Cooling
- Wall/Window
Appliances
- Laundry: Owned
Features
- Flooring: Wood
Interior area
- Total structure area: 3,790
- Total interior livable area: 3,790 sqft
Video & virtual tour
Property
Parking
- Total spaces: 8
- Parking features: Spaces
Features
- Stories: 2
Lot
- Size: 9,800 Square Feet
Details
- Parcel number: 5472230300
- Zoning: RM1-1
- Zoning description: RM1-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- No Landscaping, None
- Roof: Composition
Community & HOA
Community
- Features: None
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $556,614
- Date on market: 7/17/2026
- Total actual rent: 16795
Estimated market value
$2,505,500
$2.38M - $2.63M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Price change | $3,150-1.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/18/2026 | Listed for rent | $3,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/17/2026 | Listed for sale | $2,600,000+173.7%$686/sqft |
Source: | ||
| 9/4/2024 | Listing removed | $950,000$251/sqft |
Source: | ||
| 9/4/2024 | Price change | $950,000-5%$251/sqft |
Source: | ||
| 8/1/2024 | Listed for sale | $1,000,000+86.9%$264/sqft |
Source: | ||
| 5/23/2024 | Sold | $535,000$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $556,614 +2% |
| 2025 | $7,388 +1207.7% | $545,700 +988.5% |
| 2024 | $565 +2.7% | $50,133 +2% |
| 2023 | $550 +3% | $49,151 +2% |
| 2022 | $534 +1% | $48,188 +2% |
| 2021 | $529 +1.3% | $47,244 +1% |
| 2020 | $522 +9% | $46,761 +2% |
| 2019 | $479 +0.1% | $45,845 +2% |
| 2018 | $478 +2.8% | $44,947 +2% |
| 2017 | $465 +2.3% | $44,066 +2% |
| 2016 | $455 +1.7% | $43,203 +1.5% |
| 2015 | $447 +1.7% | $42,555 +2% |
| 2014 | $440 | $41,722 +0.5% |
| 2013 | -- | $41,534 +2% |
| 2012 | -- | $40,721 +2% |
| 2011 | -- | $39,923 +0.8% |
| 2010 | -- | $39,625 -0.2% |
| 2009 | -- | $39,720 +63.9% |
| 2008 | -- | $24,236 +2% |
| 2007 | -- | $23,761 +2% |
| 2006 | -- | $23,296 +2% |
| 2005 | -- | $22,840 +2% |
| 2004 | -- | $22,393 +1.9% |
| 2003 | -- | $21,984 +2% |
| 2002 | -- | $21,554 +2% |
| 2001 | -- | $21,133 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: Chollas View
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