3546-3552 47Th Street
San Diego, CA 92105
$2,050,000
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).
| Listing Id: | 260026171 |
|---|---|
| List Price: | $2,050,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 8 |
| Bathrooms Full: | 6 |
| Lot Size Square Feet: | 6,465.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Subdivision Name: | City Heights |
| Postal Code: | 92105 |
| Year Built: | 2026 |
| Number Of Units Total: | 4 |
| Basement: | false |
| Bathrooms Total Integer: | 6 |
| Building Area Total: | 3,170.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Other/Remarks |
| Cooling: | Other/Remarks |
| Directions: | 94 West/Exit Home/go North on Euclid/Left on Myrtle/Right on 47th |
| Elementary School District: | San Diego Unified School Distric |
| Fencing: | Full |
| Heating: | Other/Remarks |
| High School District: | San Diego Unified School Distric |
| Levels: | Split Level |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.15 |
| Lot Size Dimensions: | 50x125 |
| Lot Size Units: | Acres |
| MLS Area Major: | Metro Uptown |
| Middle Or Junior School District: | San Diego Unified School Distric |
| Parcel Number: | 476-061-22-00 |
| Photos Change Timestamp: | 2026-11-02T22:38:11Z |
| Roof: | Composition |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Utilities: | Sewer Connected |
| View: | City |
| Water Source: | Meter on Property |
| Zoning: | R-2:MINOR |
| Sdmls Neighborhood: | City Heights |
| Building Name: | 47th Street Apartments |
| Sdmls Area Zip: | EAST SAN DIEGO (92105) |
| Sdmls Lvt Date: | 2026-11-02 |
| Original List Price: | $2,050,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Heat Source: | Electric |
| Irrigation Source: | Drip |
| Possession: | Close of Escrow |
| Security Features: | N/K |
| Site: | Alley Access, Curbs, Public Street, Sidewalks, Street Paved |
| Telecommunications: | Cable (coaxial) |
| Tenant Pays: | Sewer, Water, Cable TV, Electricity |
| Listing Terms: | Cal Vet, Cash, Conventional, Exchange, FHA |
| Sdmls Short Sale: | No |
| Sdmls Unit Numfor Unit1: | 3546 47th |
| Sdmls Unit Numfor Unit2: | 3548 47th |
| Sdmls Unit Numfor Unit3: | 3550 47th |
| Sdmls Unit Numfor Unit4: | 3552 47th |
| Pets Allowed: | Yes |
| Sdmls Internet Address: | 3546-3552 47Th Street |
| Operating Expense: | $25,900 |
| Jurisdiction: | Incorporated |
| Sdmls Unit1 Projected Rent: | 4,200 |
| Sdmls Unit2 Projected Rent: | 2,200 |
| Gross Scheduled Income: | $140,400 |
| Sdmls Gross Rent Multiplier Act: | 14 |
| Number Of Buildings: | 2 |
| Sdmls Max Search Price: | 2,050,000 |
| Sdmls Unit3 Projected Rent: | 2,200 |
| Sdmls Unit4 Projected Rent: | 4,000 |
| Sdmls Num Unitsw Cooling: | 4 |
| Sdmls Geo Update Timestamp: | 2026-11-02T22:36:41.4 |
| Sdmls Full Address: | 3546-3552 47Th Street |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260026171 |
| Sdmls Unit1 Full Baths: | 2.0 |
| Sdmls Unit2 Full Baths: | 1.0 |
| Sdmls Unit3 Full Baths: | 1.0 |
| Sdmls Unit4 Full Baths: | 2.0 |
| Sdmls Unit1 Beds: | 3.0 |
| Sdmls Unit2 Beds: | 1.0 |
| Sdmls Unit3 Beds: | 1.0 |
| Sdmls Unit4 Beds: | 3.0 |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| Sdmls Supplement Remarks: | 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). |
| On Market Date: | 2026-11-02 |
Listing Courtesy of: Joseph M. Galascione, Broker
Listing Agent: Joseph Galascione
619-844-1824
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 02, 2026 10:39 PM - PT.
Property Last Updated: November 02, 2026 10:39 PM - PT
