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Four-Unit Multifamily Property with Balconies
New
For Sale
$2,050,000

3546 3552 47Th St, San Diego, CA 92105

The 2026-built complex combines multiple floor plans, individual utility meters, and alley-accessed parking.

Property Size3,170 SF
Lot Size0.15 Acres
Price / SF$646.69
Days on Market2

Property Features for 3546 3552 47Th St

General Information

Standard status Active
Size 3,170 SF
Total Parking Spaces 5
Lot size 0.15 Acres
Property subtype Investment
Occupancy 100%

Site & Location

Neighborhood Fairmont Village
Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units 4
Parking per Unit 1
Individually Metered Utilities water, electricity, gas

Additional Details

Furnished No
Gross Income $140,400
Tenant in Place Yes

Amenities

in-unit laundry
mini-split heating and cooling systems
dual-pane windows
private yard
balconies, decks, or outdoor spaces

Building Details

Year Built 2026
Units 4
Listed By: Joseph Galascione
Source: Elliman
Added: Nov 4 Last Checked: Nov 4 at 2:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Joseph Galascione

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Investment Insights

Based on property information with market context.

Completed in 2026, this four-unit multifamily property contains 3,170 square feet across two 3-bedroom, 2-bath residences and two 1-bedroom, 1-bath residences. Each home has in-unit laundry, mini-split heating and cooling, dual-pane windows, and appliances. New roofs, plumbing, electrical, and flooring are part of the improvements. Outdoor areas include a private yard at the front residence and balconies, decks, or other outdoor spaces at the rear units.

The 6,465-square-foot lot provides five off-street parking spaces accessed from the alley. Each residence is individually metered for water, electricity, and gas. The property is in Fairmount Village, with access to neighborhood shopping, transit, I-805, CA-94, and downtown San Diego. Walk Score is 93, Bike Score is 59, and Transit Score is 55.

Key Highlights

  • Four residences: two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units
  • 3,170 square feet of building area on a 6,465‑square‑foot lot
  • Built in 2026

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$64,357
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,140 $1.3M
Cap Rate 7%
$919,386 $919.4K
Cap Rate 9%
$715,078 $715.1K
Market Conditions
NOI Build-Up for 3,170 SF
Gross rent
$97.0K $30.60/SF
− Vacancy
−$5.1K −$1.60/SF
EGI
$91.9K $29.00/SF
− OpEx
−$27.6K −$8.70/SF
NOI
$64.4K $20.30/SF
Area
ZIP 92105
Vacancy
5.22%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,287,140
Cap Rate 7%
$919,386
Cap Rate 9%
$715,078

Alternative Uses

Best Use
Multifamily LT 5
$919.4K
$804.5K – $1.07M (±1% cap)
NOI $64,357 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$847.3K
$741.4K – $988.6K (±1% cap)
NOI $59,314 @ 7.0% cap · market cap 2.89%
Theoretical Best
Specialty Retail
$1.25M
$1.10M – $1.46M (±1% cap)
NOI $87,644 @ 7.0% cap · market cap 4.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,230
Businesses Nearby

Demographics for 92105, CA

66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The 2026-built complex combines multiple floor plans, individual utility meters, and alley-accessed parking.
Where is this quadplex located?
The property is located at 3546 3552 47Th St San Diego, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: Four residences: two 3‑bedroom, 2‑bath units and two 1‑bedroom, 1‑bath units; 3,170 square feet of building area on a 6,465‑square‑foot lot; Built in 2026
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