430 47th St, San Diego, CA, 92102
About This Home
6% CAP Rate We are pleased to present 430 47th Street, a newly constructed seven-unit multifamily investment opportunity located in San Diego's Chollas View neighborhood. This turnkey property combines the charm of a beautifully remodeled front home with the efficiency and low-maintenance benefits of six newly constructed one-bedroom residences, making it an ideal addition to any investment portfolio. Designed to appeal to today's renters, each unit features modern finishes including quartz stone countertops, stainless steel appliances, in-unit laundry, luxury vinyl plank flooring, and efficient floor plans. Several of the units also offer private side yards, providing desirable outdoor living space that is uncommon in similar apartment communities. One of the property's most valuable features is its eight off-street parking spaces. Parking is increasingly difficult to find in many newer multifamily developments throughout San Diego, making this a significant competitive advantage that enhances tenant satisfaction and helps minimize turnover. Located in an area experiencing continued investment and redevelopment, 430 47th Street offers investors the rare opportunity to acquire a newly built, low-maintenance asset with modern amenities, strong tenant appeal, and long-term income potential.
Getting Around
Very Walkable
Good Transit
Somewhat BikeableSchools
Construction
Materials
- Roof: Composition
- Construction materials: No Landscaping,None
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Owned
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 6
Features
- Flooring: Wood
Heating & Cooling
- Heating features: Wall
- Cooling features: Wall/Window
Interior Area
- Total structure area: 3,790
- Total interior livable area: 3,790 sqft
Property
Details
- Parcel number: 5472230300
- Zoning: RM1-1
- Zoning description: RM1-1
Features
- Stories: 2
Lot
- Lot size: 9,800 sqft
Parking
- Total spaces: 8
- Parking features: Spaces
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $13,147 | $157,764 |
| Home Insurance * | $404 | $4,848 |
| Property Taxes | $3,000 | $36,000 |
| Electricity | $812 | $9,752 |
| Total | $17,363 | $208,356 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-18 | Listed for rent | $3,200 |
| 2026-07-17 | Listed for sale | $2,600,000 |
| 2024-09-04 | Listing removed | $950,000 |
| 2024-09-04 | Price change | $950,000 |
| 2024-08-01 | Listed for sale | $1,000,000 |
| 2024-05-23 | Sold | $535,000 |
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