Properties

San Diego, CA 92102 3042 48 Broadway

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Presented By: Gary Giffin with AARE;
  • MLS# 250045343SD
  • 12/06/2025
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  • Baths • 1

Home Details

Rarely available 4-unit multifamily investment property located in the Golden Hill's area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation. Rarely available rare 4-unit multifamily investment property located in the Golden Hills area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation.
Presented By: Gary Giffin with AARE;

Interior Features for 3042 48 Broadway

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Heating Y/NYes
Total Stories2

General for 3042 48 Broadway

AppliancesGas Water Heater
Cap Rate
CitySan Diego
CoolingWall/Window Unit(s)
CountySan Diego
DirectionsCrossStreet: 30th
HOA Fee$
HeatingNatural Gas
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7029
Lot Size UnitsSquare Feet
MLS Area92102 - San Diego
Net Operating Income
Number Of Units Total4
Pool FeaturesNone
PossessionClose Of Escrow
PostalCitySAN DIEGO
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameSan Diego
Tenant PaysElectricity
Virtual TourClick here
Year Built1927
ZoningR-4:MULTIP

Exterior for 3042 48 Broadway

FencingCross Fenced
Lot FeaturesSprinkler System
Lot Size Acres0.1614
Lot Size Area7029
Lot Size SourceAssessor
Number of Buildings1
Park Name4PLEX
Private PoolNo
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,950,000
MLS#250045343SD
List Date 12/06/2025
Property Type Multi-Family
Phone 888.795.6274
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