Joe McLaughlin / Broker Associate

My Office Listings

3546-3552 47th St
Metro Uptown San Diego 92105

$2,180,000
Residential Income beds: 8 baths: 6.0 0 sq. ft. built: 2026

Main Photo: Residential Income for sale : 8 bedrooms : 3546-3552 47th St in San Diego
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
260010007
Bedrooms:
8
Bathrooms:
6
Year Built:
2026
Welcome to a rare, turnkey 4-unit opportunity in the heart of Fairmount Village, where modern design meets smart investment potential. Property has 5.25% Cap Rate, 15.53 GRM, $545,238 a door at $688 SF. Every unit comes with parking, 1 to 1 parking ratio. Property owner only expenses are taxes, insurance, and trash. Anchoring the property is a beautifully reimagined front home offering 1,198 SF of stylish living space and its own exclusive-use private yard—a true standout feature that feels like a single-family retreat. Fully remodeled from top to bottom, this residence showcases luxury vinyl plank flooring, brand-new dual-pane windows, a new roof, and a thoughtfully designed kitchen and bathrooms that blend clean, contemporary finishes with everyday functionality. Tucked behind, three newly constructed units deliver the ultimate in low-maintenance, high-demand living. The unit mix includes two 1-bedroom residences and a spacious 3-bedroom home with a versatile layout—featuring one bedroom and full bath on the main level, and two additional bedrooms and a bath upstairs—ideal for multi-generational living or maximizing rental flexibility. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, and assigned off-street parking, offering comfort and convenience that today’s tenants and owners expect. All the heavy lifting has been done—new construction, major system upgrades, and modern finishes—so you can step right into a seamless ownership experience. Located in Fairmount Village neighborhood of East San Diego, minutes from downtown San Diego.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Fairmount Village
Name of Complex/Subdivision:
EAST SAN DIEGO
Building Name:
47th Street Apartments
Total Building Area:
3,170 sq. ft.
Total Floor Area:
0 sq. ft.
Total Bedrooms:
8
Bathrooms:
6
Full Bathrooms:
6
Half Bathrooms:
0
Stories:
2 Story
Total Stories:
2
Year Built:
2026
Short Sale:
false
Home Owner Fees Include:
Trash Pickup
Mello Roos Fee:
$0
Other Fees:
$0
Other Fee Type:
N/K
Monthly Total Fees:
$0
Terms:
Cash, Conventional, VA
Cap Rate.:
5.25
Gross scheduled income:
140400.0
Other income actual:
0
Operating expense:
25900.0
Number of Units:
4
Number of Units with Cooling:
4
Tenant pays:
Sewer, Trash, Water, Cable TV, Electricity, Gas/Propane, Hot Water
Unit Number for Unit 1:
3546
Unit Number for Unit 2:
3548
Unit Number for Unit 3:
3550
Unit Number for Unit 4:
3552
Projected Rent for Unit 1:
$3,950
Projected Rent for Unit 2:
$2,000
Projected Rent for Unit 3:
$2,000
Projected Rent for Unit 4:
$3,750
805 South to Home Ave. exit make left off the exit on Home Ave. and left on Myrtle Ave and Right on 47th. Home is on your left.
Site Influences:
N/K
View:
N/K
Special Listing Conditions:
N/K
Age Restrictions:
Other/Remarks
Construction Material:
Wood/Stucco
Lot Size:
0 sq. ft.
Parcel Number:
476-061-22-00
Heating:
Forced Air Unit
Heating fuel:
Electric
Cooling:
Zoned Area(s), Other/Remarks
Utilities:
Sewer Connected
Pool Features:
N/K
Spa Features:
N/K
Roof:
Other/Remarks
Security:
N/K
Telecommunications:
Cable (coaxial)
Water supply:
Meter on Property
Irrigation:
N/K
Pets Allowed:
Yes
Zoning:
RS 1-6
Fencing:
Full
Possession Details:
Close of Escrow
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Data was last updated May 9, 2026 at 03:10 PM (UTC)
Area Statistics
Listings on market:
144
Avg list price:
$2,046,000
Min list price:
$825,000
Max list price:
$11,750,000
Avg days on market:
51
Min days on market:
3
Max days on market:
397
These statistics are generated based on the current listing's property type and located in Metro Uptown. Average values are derived using median calculations. This data is not produced by the MLS® system.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.