HUGE PRICE REDUCTION! $350,000!!! Incredible opportunity to own a fully remodeled 8-unit multifamily property just minutes from SDSU in the rapidly growing College Area of San Diego. Each 1-bed / 1-bath unit is newly upgraded and will be delivered fully furnished, offering a turnkey investment with strong existing income. Six units are currently producing high-demand mid-term rental income, with significant upside if converted to long-term tenants, achieving a projected 6.42% cap rate at the new price of $2,250,000. The property features modern interiors, on-site laundry, 10 parking spaces, and a Walk Score of 91, providing excellent accessibility to dining, retail, and transportation. With strong cash flow, prime location, and appreciation potential, this is a rare, stabilized asset ready for both immediate income and long-term growth. On-site Coin Laundry provides additional monthly income.
Pending
$2,250,000
4444 49th St, San Diego, CA 92115
4beds
--sqft
Multi Family
Built in 1962
-- sqft lot
$1,797,200 Zestimate®
$--/sqft
$-- HOA
What's special
Modern interiorsOn-site laundryOn-site coin laundry
- 402 days
- 11
- 1
Zillow last checked:
Listing updated:
Listed by:
Christian Romero DRE #02221513 619-254-3446,
Millennial Realty Group
Source: SDMLS,MLS#: 250041093
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall/Gravity
Cooling
- Wall/Window
Interior area
- Total structure area: 2,280
Video & virtual tour
Property
Features
- Levels: 2 Story
- Fencing: Partial
Details
- Parcel number: 4711410800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Rolled/Hot Mop
Condition
- Year built: 1962
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: N/K
- Subdivision: TALMADGE
Location
- Region: San Diego
Financial & listing details
- Date on market: 10/8/2025
- Listing terms: Cash,Conventional,FHA,Other/Remarks,VA
- Tenant pays: Electricity, Sewer, Trash, Water
Estimated market value
$1,797,200
$1.62M - $2.01M
$2,854/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Pending sale | $2,250,000 |
Source: | ||
| 11/4/2025 | Price change | $2,250,000-10% |
Source: | ||
| 11/3/2025 | Price change | $2,500,000+8.7% |
Source: | ||
| 10/19/2025 | Price change | $2,300,000-2.1% |
Source: | ||
| 10/8/2025 | Listed for sale | $2,350,000-12.9% |
Source: | ||
| 9/18/2025 | Listing removed | $2,699,000 |
Source: | ||
| 6/18/2025 | Listed for sale | $2,699,000+17.3% |
Source: | ||
| 8/30/2022 | Listing removed | -- |
Source: | ||
| 7/6/2022 | Listed for sale | $2,300,000+36.5% |
Source: | ||
| 2/8/2021 | Sold | $1,685,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Talmadge
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