Realty Solution
Powered by 
- 2
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Listed by: Christian Ballow (619) 207-7601 DRE #02046669 | Gene Bowman Realty (619) 477-1111
$2,100,000
Monthly Est:$10,452
9 Beds
8 Baths
3,667sqft
6742 48 Waterman, San Diego, CA 92111
$2,100,000
$10,452/moEst:
Get Pre-Approved
Multi Family
Built in 1948
$-- HOA
5,300 sqft lot
$573/sq.ft
Description
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 three help pay the mortgage.
- Houzeo last checked: 1 minute ago
- Listing updated: November 5, 2026 at 8:00 pm
- Source: California Regional MLS-CA | MLS#: PTP2608226
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1948
HOA Fees
-
Finished Area
3,667 sqft
Lot Size
5,300 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
PTP2608226
MLS Status
Active
Days on Market
1
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 8
Interior
Sewer
Public Sewer
Utilities & Energy
Laundry Features
Laundry Closet
Pool Features
None
Other Features
Lot Features
Level
Community Features
Curbs, Storm Drains, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
11/04/2026 Source: | Listed for Sale | $2,100,000 $573/sqft |
Linda Vista Ranks #101 in San Diego, CA
Homes
Rental Prices
Median Home Price
Nearby Homes
Find Homes by Property Features in San Diego, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Nov 06, 2026, 09:00PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
