Investor Alert! Upgraded 4-Unit Building with 4 Garages & Laundry Room! Excellent opportunity to own a turn-key 4-unit multifamily property with strong existing cash flow and future upside potential. Each unit has been upgraded and includes stove, dishwashers, microwaves & refrigerators. The building features 4 private garages, a commercial laundry room, New 400 amp main panel with 6 meters (2 unused for future use). All electrical is new including new interior subpanels & wiring in each unit. Unit mix: 1- 3 bed/1 bath ($2285/mo), 2- 2 bed/1 bath ($1770 & $1775/mo), and 1- 1 bed/1 bath ($1795/mo). Laundry provides extra income ranging between $300-400/mo and that income is not included in the stated NOI. This property is always rented and ideally situated near schools & public transportation, making it a consistent performer in one of San Diego’s most desirable rental areas. With room to increase rents, this is a perfect addition to any portfolio for long-term, stable income, or a great owner-occ with a beautiful 3 bed unit above the garages. Don’t miss out on this great opportunity!
For sale
$1,590,000
4209-15 N 49th St, San Diego, CA 92115
8beds
2,778sqft
Est.:
Res Income 2-4 Units
Built in 1953
-- sqft lot
$-- Zestimate®
$572/sqft
$-- HOA
What's special
Commercial laundry roomLaundry roomPrivate garages
- 32 days
- on Zillow |
- 274 |
- 24 |
Zillow last checked: 7 hours ago
Listing updated: May 30, 2025 at 04:09pm
Listed by:
Erin McLain DRE #01214290 619-885-3292,
M2 Real Estate & Consulting
Source: SDMLS,MLS#: 250028724

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gravity, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Other Water Heater, Dishwasher, Range/Oven, Refrigerator
- Laundry: Laundry Facilities, Unit 1 Common Laundry Hookup, Unit 2 Common Laundry Hookup, Unit 3 Common Laundry Hookup, Unit 4 Common Laundry Hookup
Features
- Has fireplace: No
Interior area
- Total structure area: 2,778
- Total interior livable area: 2,778 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage, Garage(Attached)
- Attached garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Patio & porch: # of Units w/Patios: 3
- Fencing: Partial,Other/Remarks
Lot
- Size: 6,169 Square Feet
- Topography: Level
Details
- Parcel number: 4713321000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Res Income 2-4 Units
Materials
- Block, Stucco, Wood Siding, Other/Remarks
- Roof: Composition
Condition
- Year built: 1953
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: San Diego
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $572/sqft
- Tax assessed value: $474,550
- Annual tax amount: $5,920
- Date on market: 5/28/2025
- Listing agreement: Exclusive Right (R)
- Listing terms: Cash,Conventional
- Total actual rent: 7625
- Tenant pays: Electricity
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