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$3,500,000

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
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4022 42nd Street is an upgraded turnkey 11-unit apartment community located in a central San Diego neighborhood, offering immediate cash flow, long-term upside, and a stabilized, low-maintenance investment opportunity. The property features a diverse unit mix of five 2BR/1BA units, four 1BR/1BA units, and two brand-new ADUs with modern finishes and efficient layouts. The secure gated complex has been thoughtfully renovated and professionally maintained, with amenities including off-street parking, on-site laundry, and a private setting for residents. With strong rental demand, quality improvements, and an attractive unit mix, 4022 42nd Street presents a compelling opportunity for multifamily investors seeking a turnkey income-producing asset in San Diego.

Full Property Details for 4022 42nd

General

  • Price: $3,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 260014743
  • Updated: 6/18/2026
  • Added to Site: 16 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Security/Safety: Gated Community

Location

  • Area: EAST SAN DIEGO (92105)
  • County: San Diego
  • Subdivision: SAN DIEGO
  • Neighborhood: San Diego
  • Complex: San Diego
  • Driving Directions: Use GPS

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: Stucco
  • Roof: Composition
  • Stories/Levels: 2
  • Year Built: 1969

Unit Information

  • Units in Building: 11

Lot Features

  • Lot Size (Acres): 0.16
  • Lot Size (Sq. Ft.): 7,021
  • Lot Size: .16

Financial Considerations

  • Operating Expenses: $88,621
  • Terms: Cash, Conventional
  • Tenant Pays: Electricity, Gas/Propane, Sewer, Trash, Water

Disclosures and Reports

  • Property ID: 471-441-17-00

Listed by Starker West, Inc. (619) 358-3748, Seth R Watje and Starker West, Inc. (619) 300-0173, Adam Cairo

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Listing agents

— 4022 42nd —

  • Seth R Watje

    Starker West, Inc.

    619-358-3748

  • Adam Cairo

    Starker West, Inc.

    619-300-0173

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4022 42nd

School District:San Diego City Unified School District
NameGradesDistance
Central Elementary School, San Diego, CA
4063 Polk Avenue, San Diego, CA 92105
K-50.2 mi
Wilson Middle School
3838 Orange Avenue, San Diego, CA 92105
6-80.4 mi
Hoover High School
4474 El Cajon Boulevard, San Diego, CA 92115
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4022 42nd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$3,500,000
62.04%
MLS
10/27/2022
Sold
$2,160,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4022 42nd

Year
Property Taxes
Change
Tax Assessment
Change
2025
$28,185
6%
$2,247,264
4%
2023
$26,519
228%
$2,160,000
227%
2022
$8,090
1%
$660,618
2%
2021
$8,035
1%
$647,666
1%
2020
$7,938
32%
$641,026
32%
2019
$6,029
7%
$484,954
2%
2018
$5,638
2%
$475,446
2%
2017
$5,502
2%
$466,125
2%
2016
$5,409
1%
$456,986
2%
2015
$5,330
2%
$450,122
2%
2014
$5,249
—
$441,306
—
2013
$5,242
—
$439,313
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4022 42nd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Starker West, Inc. (619) 358-3748, Seth R Watje and Starker West, Inc. (619) 300-0173, Adam Cairo

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4022 42nd, San Diego, CA 92105 (MLS# 260014743) is a Multi-Family property with 11 units containing 4 bedrooms and 4 full bathrooms. 4022 42nd is currently listed for $3,500,000 and was received on June 17, 2026. Want to learn more about 4022 42nd? Do you have questions about finding other Multi-Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

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