4230 48th
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4230 48th #6

B

San Diego, CA 92115

$370,000

Soft Appraisal Value: $368,700 · 0.4% above estimate

Beds

2

Baths

1

Sqft

761

Year Built

1983

Days on Market

45

Property Type

Condo

HOA/mo

$399

MLS ID

260006892SD

This property is in San Diego (92115). View neighborhood stats →

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About This Property

Welcome to 4230 48th St — a beautifully refreshed first-floor condo in the heart of San Diego! This 2-bedroom, 1-bath home blends comfort, style, and value in a secure, gated community perfect for first-time buyers or savvy investors. Step inside to find brand new flooring, fresh interior paint, and an updated kitchen with granite countertops featuring a brand new stove/oven and dishwasher — all ready for move-in day. Primary bedroom has a updated sliding glass door with access to private outdoor patio. The single-level layout makes everyday living effortless, and thoughtful touches like an assigned parking space and a community laundry facility add convenience. Enjoy a peaceful setting with mature landscaping, all while being just minutes from vibrant city life. Located in the sought-after Talmadge/City Heights area, you’re walking distance to trendy coffee spots, local markets, and neighborhood favorites like Nate’s Garden Grill, Cafe Madeleine, and Kensington cafés. Quick freeway access means downtown, SDSU, and North Park are all just minutes away. Affordable, updated, and ideally located — this home offers the best of urban San Diego living in a secure, welcoming setting. Don’t miss your chance to make it yours!

Mortgage Calculator

Est. Monthly Payment

$2,748

Principal & Interest$1,871
Property Tax$370
Insurance$108
HOA$399
%($74,000)
%

Location

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Investment Score

56B
Est. Monthly Rent
$2,238
Monthly Cashflow

Rent − PITIA

$-510
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,333

Mortgage (P+I)
$1,871
Cap Rate
1.74%
Cash-on-Cash
-21.62%
DSCR

Need ≥ 1.25 for DSCR loan

0.81
Break-even Rent
$3,969

NOI (Annual)
$6,455
Price-to-Rent

Lower = better for investors

13.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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