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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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3042 48 Broadway, San Diego – $2,200,000

  • 8 Beds
  • 4 Baths
  • .16 Acres
  • 49 DOM
  • 8 Beds
  • 4 Baths
  • .16 Acres
  • 49 DOM

3042 48 Broadway

Rarely available 4-unit multifamily investment property located in the Golden Hill's area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation. Rarely available rare 4-unit multifamily investment property located in the Golden Hills area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation.

Essential Information

  • MLS® #250045343SD
  • Price$2,200,000
  • Bedrooms8
  • Bathrooms4.00
  • Acres0.16
  • Year Built1927
  • TypeResidential Income
  • StatusActive

Community Information

  • Address3042 48 Broadway
  • Area92102 - San Diego
  • SubdivisionSan Diego
  • CitySan Diego
  • CountySan Diego
  • Zip Code92102

Amenities

  • PoolNone

Interior

  • AppliancesGas Water Heater
  • HeatingNatural Gas
  • CoolingWall/Window Unit(s)
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionSprinkler System
  • RoofComposition

Additional Information

  • Date ListedDecember 6th, 2025
  • Days on Market49
  • ZoningR-4:MULTIP

Listing Details

  • AgentGary Giffin
  • OfficeAARE
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Gary Giffin, AARE.

Based on information from California Regional Multiple Listing Service, Inc. as of January 24th, 2026 at 12:20pm PST. 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, 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.