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4-Unit Multifamily Property

6742-48 Waterman, San Diego, CA 92111

For Sale
New
Contact for pricing

Three newly built residences and a renovated home make up this fully occupied rental property.

Property SizeContact for details
Days on Market6

Property Features for 6742-48 Waterman

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Site & Location

Neighborhood Linda Vista
Highway Access Yes

Units

Unit Mix 1 x 3BR/2BA, 3 x 2BR/2BA
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

skylit upper unit
wraparound balcony
open breakfast-bar kitchens
private entrances
in-unit washer/dryer
Listing Agency: Gene Bowman Realty
Listed By: Christian Ballow · License CA #02046669
Source: Crexi
Added: Nov 5 Changed: Nov 8 Last Checked: Nov 10 at 6:29AM

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 Gene Bowman Realty

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Investment Insights

Based on property information with market context.

This four-unit multifamily property combines a remodeled 3-bedroom, 2-bath home with three 2-bedroom, 2-bath residences. The upper unit and two accessory dwelling units are new construction. Each residence has a private entrance and an in-unit washer and dryer; kitchens feature breakfast bars. The upper unit also has a skylight and wraparound balcony. All four units are leased, with lease terms extending into 2027. The property reports a 5.1% pro forma cap rate and a 15.4 GRM.

Located on a cul-de-sac in Linda Vista, the property offers access to major freeways and shopping. The address is 6742-48 Waterman in San Diego.

Key Highlights

  • Four rental units: one 3‑bedroom, 2‑bath home and three 2‑bedroom, 2‑bath residences
  • Three units are new construction; the 3‑bedroom home has been remodeled
  • All 4 units are leased, with leases extending into 2027

Property Analytics

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

534
Businesses Nearby

Demographics for 92111, CA

46,686
Population
17,624
Households
2.6
Avg Household Size
37
Median Age
43%
College-Educated
88%
High-School Grad
8.5 sq mi
ZIP Area
5,492
Density / Sq Mi
$95,081
Median Household Income
$43,215
Median Earnings
$2,049
Median Rent
$754,300
Median Home Value

Market

Average Price Trend$/SF for Quadplexes in San Diego, CA

$643 Jul
$718 Aug
$759 Sep
$716 Oct

Properties on Market for Quadplexes in San Diego

Jul
Aug
Sep
Oct

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 - Three newly built residences and a renovated home make up this fully occupied rental property.
Where is this quadplex located?
The property is located at 6742-48 Waterman San Diego, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Four rental units: one 3‑bedroom, 2‑bath home and three 2‑bedroom, 2‑bath residences; Three units are new construction; the 3‑bedroom home has been remodeled; All 4 units are leased, with leases extending into 2027
(619) 207-7601 Call to check price and availability
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