5242 48 Imperial Ave, San Diego, California 92114, San Diego, 92114 - 2 bed, 1 bath
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San Diego, California 92114
This Multi-Unit Residential Compound serves as a premier income-generating asset listed at $898,000, reflecting its rare three-unit configuration in San Diego. While the $722,309 Fair Market Value indicates a pricing premium, the property justifies its valuation through High Income Potential and a Condition Rating of 3. The main home and two detached units feature Updated Kitchens and Laminate Flooring, ensuring a turnkey transition for tenants or owners. With a private Patio and development upside via the adjacent lot, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5242 48 Imperial Ave Subject | $849,000* List Price | 2 | 1 | 868 | $789 | - |
A 628 59th Street Sold | $680,000 | 3 | 2 | 906 | $751 | 0.8 mi |
B 844 Pyramid Street Sold | $820,000 | 4 | 2 | 1,174 | $698 | 0.8 mi |
C 5412 Cervantes Avenue Pending | $650,000 List Price | 2 | 1 | 896 | $725 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior updates. The kitchens feature modern granite or quartz countertops and stainless steel appliances, while the bathrooms have been updated with newer vanities and tile work. Although originally built in 1966, the consistent use of laminate flooring, fresh paint, and updated fixtures across the main house and detached units indicates a well-maintained property that does not require immediate renovation.
The property features a main 2-bedroom home plus two additional detached 1-bedroom units, offering a rare and lucrative rental opportunity for investors or house-hackers.
With an adjacent vacant parcel available for separate purchase, there is significant potential to expand, build additional units, or create a larger residential compound.
The detached nature of the three units provides privacy and flexibility, making it ideal for multi-generational living or maximizing independent rental streams.
The primary residence offers only 868 square feet of living space, which may feel restrictive for buyers seeking more expansive interior room.
Originally constructed in 1966, the structures may require modernization or capital improvements to align with contemporary aesthetic and efficiency standards.
Fantastic two bedroom 1 bath single detached home with two additional detached units each offering 1 bed 1 bath it's great as a rental opportunity. Adjacent vacant parcel is also available to purchase separately and build more units or another larger home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 6% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 868 | 1,400 | 4% |
| Lot Size | 5,517 | 6,200 | 32% |
| Price | $849.0K | $762.0K | 83% |
| Price per sq ft | $978 | $531 | 98% |
| Built year | 1966 | 1962 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 155 | 6% |
Apr 15, 2026
$849,000
$898,000
-5% Price Drop
Initial Listing
Mar 14, 2026
$898,000
Initial Listing