4065-4069 N 49th St
San Diego, CA 92105

4065-4069 49th Street is a 6 unit apartment complex that consists of 4,053 rentable SF situated on a 4,961 SF lot with ample parking. The unit mix consists of 4 well laid out 2 Bed / 1 Bath units and 2 spacious 1 Bed / 1 Bath units. The property was built in 1986 and features two garages, multiple balconies, and an open parking garage in the front. This is a true value add deal with over 36% upside in rents. The property is located on a quiet residential street. This property is located a few hundred feet from the shopping and transit on University Avenue and blocks from the new retail center in Fairmount Village with El Super, Starbucks, Chase and Wells Fargo banks, as well as numerous restaurants. The City Heights Library and new Police Station are nearby. Socially and economically, Central San Diego has a high concentration businesses and households. Businesses tend to be smaller and wider spread than to the north and east. Like other urban mesa neighborhoods north of Balboa Park, Central San Diego has a high rate of pedestrian activity, relative to the rest of San Diego. Central San Diego is located next to many of the major highways with close access to the coast, beaches, business districts, downtown, and Mexico. PLEASE DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.