2985 54th St, San Diego, CA 92105

San Diego
Local realty services provided by:ERA Excel Realty
2985 54th St,San Diego, CA 92105
$1,548,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark revetta
Office: onqu realty619-462-6678
MLS#:260008464SD
Source:CRMLS

Price summary

  • Price:$1,548,000

About this home

Turnkey 4-Unit Investment Opportunity – Fully Remodeled! Indoor laundry, A/C & heat in all units. Ideal for investors seeking a stabilized asset w/ minimal deferred maintenance. Realistic projection will generate approx $10,250/mo ($123k yr) offering a compelling GRM of 12.6 & 5.85% Cap Rate at list price. Unit mix is three 3-bedroom units & one 1-bedroom unit. Units have not been previously occupied post-renovation, providing a true turnkey opportunity for new owner & tenants. Professionally managed & currently advertising for tenants w/ projected operating expenses of approx 26.5%, including transferrable 6.5% management fee, supporting a solid investment profile. Located in a high-demand rental corridor of San Diego w/ convenient access to mass transit, major freeways, churches, shopping & SDSU only 3.5 miles away.

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Home facts

  • Year built:1951
  • Listing ID #:260008464SD
  • Added:1 day(s) ago
  • Updated:April 10, 2026 at 05:40 AM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Combination, Electric

Structure and exterior

  • Roof:Composition
  • Year built:1951
  • Lot area:0.14 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,548,000

Features and amenities

  • Appliances:Tankless Water Heater
Based on information from California Regional Multiple Listing Service, Inc. as of April 10, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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