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Stacey Alysson Melman

20 N 47th ST
San Diego, CA, 92102
$1,250,000
Beds
0 Baths
0 SqFt
0.23 Acres
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MLS #PTP2606430 image #0
Prime 5- Unit Investment Opportunity| Central San Diego 1014-20 N. 47th Street, San Diego, CA Unlock exceptional value and multiple revenue streams with this well-maintained 5-unit residential income property in a high-demand San Diego market. Ideal for cash-flow investors and value-add strategists looking for strong current returns paired with immediate income growth potential. Units are priced well below market value, giving the new owner massive opportunity to boost rents. NO LEASES in place, all month to month. Value in new tenants paying market value. Key Highlights& Multiple Income Streams: – 5 Residential Units: Solid multi-family layout with a consistent rental history. – Significant Rental Upside: Rents are currently below market, offering a clear path to increase Gross Operating income as leases renew or units turn over. – On-Site Garages: Dedicated garage spaces provide secure vehicle parking or storage- offering an immediate opportunity to generate extra monthly rent per garage space or bundle them for higher overall residential lease rates. -Owned Laundry Income: Owned on-site Laundry Facilities generate monthly income in steady additional revenue with no third- party lease vendor taking a cut. Pride of ownership ensures low near-term capital expenditures, letting you focus on optimizing income. Conveniently located with quick access to major San Diego freeways, public transit.
AGENT:
LISTING BROKERAGE: RAF Investment Services Inc.
20 N 47th ST
San Diego, CA

Property Details

Price:
$1,250,000
MLS #:
PTP2606430
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
92102sandiego
Listed Date:
Aug 31, 2026
Total Sq Ft:
3,345
Lot Size:
10,139 sqft / 0.23 acres (approx)
Year Built:
1961
92102 – San Diego92102sandiego
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Schools

Interior

Appliances
Gas Cooktop, Disposal, Gas Oven
Cooling
None
Laundry Features
Common Area

Exterior

Common Walls
1 Common Wall
Community Features
Street Lights, Suburban, Sidewalks
Covered Spaces
3
Garage Spaces
3
Lot Features
Lot 10000-19999 Sqft
Open Parking Spaces
7
Parking Spots
10
Parking Total
10
Stories
2

Financial

Net Operating Income
$84,960

Map

Community

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