6742-48 Waterman San Diego, CA ^$ 2,100,000

6742-48 Waterman

^$ 2,100,000

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6742-48 Waterman

San Diego, CA, 92111

^$ 2,100,000

Bedrooms9 Baths8.0

Monthly Estimate*

^$ 14,504

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Multi-Family Home for sale in San Diego, CA

for $2,100,000 with 9 bedrooms and 8 full baths. The lot size is 0.121671.

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.

Multi-Family Active

Price

^$ 2,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.121671

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2608226

Features

General

HOA Fee 0.0

Pool Features N/K

Year Built 0

Property Subtype Res Income 2-4 Units

County San Diego

Operating Expense 0.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Status ACTIVE

Directions From SR-163 take the Genesee Avenue exit and head west. Turn left onto Linda Vista Road then right onto Ulric Street.

City San Diego

Senior Community Y/N N

Number Of Units Total 4

Lot Size Units Acres

Lot Size Square Feet 5300.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 5.1

Freehold IDX

Exterior

Lot Size Area 0.1217

Number of Buildings 2

Building Area Total 0.0

Waterfront Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 9

Total Baths 8

* Excluded Features

List By

Christian Ballow

Listing Agent

Gene Bowman Realty

Broker

(619) 207-7601

Phone

Affordability Calculator

$14,504

Per Month

Monthly Principal & Interest: $14,504
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,155,355

Percent of Sale Price 3%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/5/2026	$2,100,000		Listed Price

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6742-48 Waterman, San Diego, CA, 92111 is a Multi-Family Home for sale at $2,100,000 with a lot size of 0.121671. 6742-48 Waterman has 9 bedrooms and 8.0 baths. The property's zip code is 92111 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 11/6/2026.

CA BRE #019180026.

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6742-48 Waterman

Multi-Family Home for sale in San Diego, CA

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