6742 48 Waterman, San Diego, CA 92111

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
6742 48 Waterman,San Diego, CA 92111
$2,100,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,667 sq. ft.
  • Multi-family
  • Active
Listed by: christian ballow
Office: gene bowman realty619-477-1111
MLS#:PTP2608226
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$572.68

About this home

Brand new construction, fully leased, and low operating costs. A turnkey 4-unit investment in Linda Vista. On a quiet cul-de-sac in central Linda Vista, this property pairs a fully remodeled 3 bed/2 bath home with a brand new upper unit and 2 brand new ADUs, so three of the four units are new construction. That means fewer repairs and lower operating costs. All 4 units are 100% leased at market rents with leases running into 2027. Gross scheduled rent is $135,948 a year, which is a 5.1% pro forma cap rate and a 15.4 GRM. Operating expenses are about $32,500 a year. Highlights include a skylit upper unit with a wraparound balcony, open breakfast-bar kitchens in the units, private entrances, and an in-unit washer/dryer in every unit. The unit mix is one 3 bed/2 bath and three spacious 2 bed/2 bath units. Easy access to major freeways and shopping. A strong fit for an experienced investor looking for low-maintenance cash flow, or a first-time buyer who wants to live in one unit and let...

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Home facts

  • Year built:1948
  • Listing ID #:PTP2608226
  • Added:8 day(s) ago
  • Updated:November 14, 2026 at 11:50 AM

Rooms and interior

  • Living area:3,667 sq. ft.

Structure and exterior

  • Year built:1948
  • Building area:3,667 sq. ft.
  • Lot area:0.12 Acres
  • Lot Features:Level with Street

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$572.68

Parking

  • Total parking spaces:5
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