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Karla Mexia, MBA

karla@neighborhoodrealtor.net +1(619) 419-6619

$ 2,050,000

Est. payment | -/mo

8 Beds

6 Baths

6,465 Sqft Lot

Save

$ 2,050,000

Est. payment | -/mo

Save

8 Beds

6 Baths

6,465 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision City Heights

MLS Listing ID 260026171

Bedrooms 8

Full Baths 6

Year Built 2026

Lot Size 6,465 Sqft

Lot Dimensions 50x125

Property Sub-Type Res Income 2-4 Units

Property Description

NEW CONSTRUTION! just permitted in 2026. This four-unit complex is in San Diego's Fairmount Village. Enjoy very little maintenance! Every unit individually metered for water/electric/gas. Therefore, tenants pay all the utilities and landlord will have no utilities! Also, because this apartment complex is 4 Units you can get Conventional/FHA and VA loans. The desirable unit mix includes two 3-bedroom, 2-bath units and two 1-bedroom, 1-bath units. Features of each unit include designer finishes, new dual-pane windows, in-unit laundry, and mini-split heating and cooling systems. New roofs on each building. New plumbing, electrical, flooring and all appliances. The front home enjoys a private yard, while rear residences feature balconies, decks, or outdoor spaces. Five alley-accessed off-street parking spaces provide a 1:1 parking ratio and add everyday convenience. Current scheduled rents total $11,700 per month ($140,400 annually), offering an opportunity to acquire an fully rented multifamily building. This is in one of the strongest San Diego rental markets. Convenient access to neighborhood shopping, transit, I-805, CA-94, and downtown San Diego. Total square footage for all the units is 3,170 and the lot is 6,465 square feet. Since all the units were built in 2026, they are EXEMPT from California AB 1482 rent control (please discuss with Attorney).

Location

State CA

County San Diego

Area Metro Uptown

Zoning R-2:MINOR

Direction 94 West/Exit Home/go North on Euclid/Left on Myrtle/Right on 47th

Interior

Heating Other/Remarks

Cooling Other/Remarks

Fireplace No

Exterior

Fence Full

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View City

Roof Type Composition

Building

Water Meter on Property

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 476-061-22-00

Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA

Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA

Listed by Joseph M Galascione, DRE#01455641 Joseph M. Galascione, Broker

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 419-6619

karla@neighborhoodrealtor.net

2802 B st, San Diego, California 92102, USA

3546-3552 47Th Street San Diego, CA 92105

Karla Mexia, MBA

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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3546-3552 47Th Street