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3042 48 BroadwaySan Diego, CA 92102

For Sale

$2,200,000

Smart Buyer Rebate $22,000

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.

Listed by Gary Giffin

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License #01459257

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AARE

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858-401-0204

Last updated December 08, 2025

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Source: CRMLS #250045343SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodGolden Hill
  • Days on Prevu3

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/07/2025
Listed by AARE
$2,200,000

Property Details for 3042 48 Broadway

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1927

Features

  • Fencing: Cross Fenced

Measurements

  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,029
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,029
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5395422000

Interior

Features

  • Appliances: Gas Water Heater

Other

Location

  • Subdivision Name: San Diego

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Natural Gas
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 3042 48 Broadway.

How does 3042 48 Broadway compare to other multi-family homes in Golden Hill?

This multi-family home is listed 8% above the average price for multi-family homes in Golden Hill and has been on the market for 67 less days than the typical home in this area.

3042 48 Broadway is a -bedroom multi-family home for sale in San Diego CA 92102. Available on Prevu for 3 days at $2,200,000. This residence is located in Golden Hill. The median listing price for multi-family homes in this area is $1,387,000. Additional amenities include parking. View other multi-family home listings in San Diego.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.