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3546-3552 47th St - 47th Street Apartments 4 Unit Apartment Building Offered at $2,963,710 CAD at a 5.25% Cap Rate San Diego, CA 92105
Investment Highlights
- Turnkey Low maintenance
- Low Property Expenses
- Split Units
- Fully Renovated Property
- Washer and Dryer in all units
- Individually metered
Executive Summary
Welcome to a rare, turnkey 4-unit opportunity in the heart of Fairmount Village, where modern design meets smart investment potential. Property has 5.25% Cap Rate, 15.53 GRM, $545,238 a door at $688 SF. Every unit comes with parking, 1 to 1 parking ratio. Property owner only expenses are taxes, insurance, and trash. Anchoring the property is a beautifully reimagined front home offering 1,198 SF of stylish living space and its own exclusive-use private yard—a true standout feature that feels like a single-family retreat. Fully remodeled from top to bottom, this residence showcases luxury vinyl plank flooring, brand-new dual-pane windows, a new roof, and a thoughtfully designed kitchen and bathrooms that blend clean, contemporary finishes with everyday functionality. Tucked behind, three newly constructed units deliver the ultimate in low-maintenance, high-demand living. The unit mix includes two 1-bedroom residences and a spacious 3-bedroom home with a versatile layout—featuring one bedroom and full bath on the main level, and two additional bedrooms and a bath upstairs—ideal for multi-generational living or maximizing rental flexibility. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, and assigned off-street parking, offering comfort and convenience that today’s tenants and owners expect. All the heavy lifting has been done—new construction, major system upgrades, and modern finishes—so you can step right into a seamless ownership experience. Located in Fairmount Village neighborhood of East San Diego, minutes from downtown San Diego.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$190,874
|
$60.21
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$190,874
|
$60.21
|
| Taxes |
$29,909
|
$9.44
|
| Operating Expenses |
$5,302
|
$1.67
|
| Total Expenses |
$35,211
|
$11.11
|
| Net Operating Income |
$155,663
|
$49.10
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $190,874 |
| Annual Per SF | $60.21 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $190,874 |
| Annual Per SF | $60.21 |
| Taxes (CAD) | |
|---|---|
| Annual | $29,909 |
| Annual Per SF | $9.44 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $5,302 |
| Annual Per SF | $1.67 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,211 |
| Annual Per SF | $11.11 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $155,663 |
| Annual Per SF | $49.10 |
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Tub/Shower
- Yard
- Deck
- Double Pane Windows
- Family Room
- Lawn
- Porch
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- Tenant Controlled HVAC
- Smoke Free
- Trash Pickup - Curbside
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 2 | $5,234 CAD | 1,054 - 1,198 |
| 1+1 | 2 | $2,719 CAD | 450 - 498 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
1 of 73
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3546-3552 47th St - 47th Street Apartments
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