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4091 48th St, San Diego, CA 92105

List Price: $650,000On Market FlagOn market
May 15, 2025804 sqft2 beds1 baths
Listed by: Andrew Tseng
License #: 02002834
Phone #: 858-210-5262
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 250027672SD

Property Description

Investor Special in Prime Location - R-4 Zoned Lot Minutes from SDSU! Unlock incredible potential with this rare R-4 zoned property in the heart of San Diego! Situated on a 5,299 sq ft lot, this is the perfect opportunity for developers, investors, or visionaries to build a multi-family complex in a high-demand rental market. The current structure is a 2-bedroom, 1-bath detached home with 804 sq ft of living space - ideal as a short-term rental or holding income while planning your build. Located just minutes from SDSU, Costco, Sam’s Club, and a wide variety of restaurants, this central location offers strong tenant appeal and convenience. Whether you're aiming to build townhomes, apartments, or a modern rental compound, the zoning and location make this an opportunity you won’t want to miss.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,611

TurboHome Estimated Value

$678,700

$844 sqft

High Valuation
$712,635
$886/sqft
Normal Valuation
$678,700
$844/sqft
Low Valuation
$644,765
$802/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$844/sqft$678,700

Neighborhood: City Heights East

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Comparative Value

$412K

$465K

$610K

$625K

$650K

4212 48th St 4, San Diego, CA 92115

Sale Price: $412,000

Selected Comparable

4161 Winona Ave 2, San Diego, CA 92105

Sale Price: $420,000

Selected Comparable

3842 46th St, San Diego, CA 92105

Sale Price: $465,000

Selected Comparable

4534 Polk Ave, San Diego, CA 92105

Sale Price: $610,000

Selected Comparable

4820 Lantana Dr, San Diego, CA 92105

Sale Price: $625,000

Selected Comparable

4091 48th St, San Diego, CA 92105

List Price: $650,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
4091 48th St, San Diego, CA 92105

4091 48th St, San Diego, CA 92105

List: $650,000

Listed: 5/15/2025

Area:804 sqft
Price/sqft:$808
Beds:2
Baths:1
Year Built:
Lot Size:5,299

Comparable Properties

COMPARABLE
Choose comps
4534 Polk Ave, San Diego, CA 92105

4534 Polk Ave, San Diego, CA 92105

Sale: $610,000

3/28/20250.35 mi

Area:823 sqft
Price/sqft:$741
Beds:2
Baths:1
Year Built:
Weight:20.9%
3842 46th St, San Diego, CA 92105

3842 46th St, San Diego, CA 92105

Sale: $465,000

1/8/20250.34 mi

Area:846 sqft
Price/sqft:$550
Beds:2
Baths:1
Year Built:
Weight:20.0%
4820 Lantana Dr, San Diego, CA 92105

4820 Lantana Dr, San Diego, CA 92105

Sale: $625,000

5/2/20250.36 mi

Area:702 sqft
Price/sqft:$890
Beds:2
Baths:1
Year Built:
Weight:19.9%
4161 Winona Ave 2, San Diego, CA 92105

4161 Winona Ave 2, San Diego, CA 92105

Sale: $420,000

7/10/20250.21 mi

Area:840 sqft
Price/sqft:$500
Beds:2
Baths:2
Year Built:
Weight:19.9%
4212 48th St 4, San Diego, CA 92115

4212 48th St 4, San Diego, CA 92115

Sale: $412,000

7/11/20250.16 mi

Area:872 sqft
Price/sqft:$472
Beds:2
Baths:2
Year Built:
Weight:19.3%

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