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0 Baths
3,667 sqft

$2,100,000

6742 48 Waterman, San Diego CA, 92111

Price per sqft$572.68
Built in1948
Property size3,667 sqft
Property typeResidential
Listed by Christian Ballow CA DRE# 02046669 with Gene Bowman Realty [email protected]

Overview

Active

Listed Nov 5, 2026

Updated 9h ago

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.

$13,971/mo

Est. mortgage payment based on a $2,100,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PTP2608226

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Christian Ballow CA DRE# 02046669 with Gene Bowman Realty [email protected]

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/6/2026 at 5:27 AM UTC Last Checked: 5:27 AM UTC

 

 

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