4062 49th Street St San Diego, CA 92105
Nine 1BR/1BA units with 2025 remodel, new roof work, and expanded onsite laundry with parking.
Property Features for 4062 49th Street St
General Information
- Standard status
- Active
- Size
- 5,190 SF
- Lot size
- 0.13 Acres
- Property subtype
- Commercial/Industrial
Listing office NorthMarq Multifamily (415) 250-4947
Listing date Oct 31, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Recent exterior and systems improvements include a new roof, stucco repair, exterior repainting, new security doors, and waterproofing for the balconies. An onsite laundry facility has been expanded and now features new machines. The property also offers plenty of parking.
This property is well suited for buyers seeking a fully updated small multifamily with consistent unit layouts across nine 1BR/1BA homes and an on-site laundry amenity. With the 2025 interior and exterior upgrades already in place, it can help reduce near-term turnover and maintenance work for an operator or investor.
Key Highlights
- 9‑unit City Heights complex with nine 1 bed/1 bath units
- 5,190 SF building on a 5,739 SF lot; built in 1968 with plenty of parking
- All units completely remodeled in 2025 with new vinyl plank flooring, baseboards, lighting, and window coverings
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $186.8k | $36.00 |
| − Vacancy | −$10.3k | −$1.98 |
| EGI | $176.6k | $34.02 |
| − OpEx | −$79.5k | −$15.31 |
| NOI | $97.1k | $18.71 |
