Home | San Diego County | San Diego | 92111 | 6742 48 Waterman
MLS: CRPTP2608226 | Status: Active | Price: $2,100,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 5,300 | 1948 |
Brand new construction, fully leased, and low operating costs. A turnkey 4-unit investment in Linda Vista. On a quiet cul-de-sac in central Linda Vista, this property pairs a fully remodeled 3 bed/2 bath home with a brand new upper unit and 2 brand new ADUs, so three of the four units are new construction. That means fewer repairs and lower operating costs. All 4 units are 100% leased at market rents with leases running into 2027. Gross scheduled rent is $135,948 a year, which is a 5.1% pro forma cap rate and a 15.4 GRM. Operating expenses are about $32,500 a year. Highlights include a skylit upper unit with a wraparound balcony, open breakfast-bar kitchens in the units, private entrances, and an in-unit washer/dryer in every unit. The unit mix is one 3 bed/2 bath and three spacious 2 bed/2 bath units. Easy access to major freeways and shopping. A strong fit for an experienced investor looking for low-maintenance cash flow, or a first-time buyer who wants to live in one unit and let three help pay the mortgage.
| Field | Value |
|---|---|
| MLS # | CRPTP2608226 |
| MLS Source | California Regional MLS |
| Days on Site | 5 |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage: 0 Car(s) |
| HOA Fee | $0 |
Christian Ballow
Gene Bowman Realty
License #: 02046669
Phone: (619) 207-7601
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | 4 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 6728 Thomson Ct | $2,450,000 | – | – | – | |
| 5752-5758 Riley St | $2,200,000 | – | – | – | |
| 2409 Fleetwood St | $2,200,000 | – | – | – | |
| 2915 Ulric Street | $2,199,000 | – | – | – |
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This listing information is up-to-date as of November 05, 2026. For the most current information, please contact Christian Ballow, (619) 207-7601.