$1,548,000 - 2985 54th St, San Diego
- 10Beds
- 6Baths
- 0.14Acres
San Diego Home For Sale
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.
Sales Agent
- Sam Smith
- San Clemente Realtor ®
- Phone: 949-204-5110
- Cell: 949-204-5110
- Contact Agent Now
Amenities
- ViewNone
- PoolNone
Additional Information
- Date ListedApril 9th, 2026
- Days on Market9
- ZoningR-3:RESTRI
- Short SaleN
- RE / Bank OwnedN
Essential Information
- MLS® #260008464SD
- Price$1,548,000
- Bedrooms10
- Bathrooms6.00
- Acres0.14
- Year Built1951
- TypeResidential Income
- StatusActive
- Listing AgentMark Revetta
- Listing OfficeOnQu Realty
Exterior
- RoofComposition
Community Information
- Address2985 54th St
- Area92105 - East San Diego
- SubdivisionSan Diego
- CitySan Diego
- CountySan Diego
- Zip Code92105
Interior
- AppliancesTankless Water Heater
- HeatingElectric, Combination
- CoolingWall/Window Unit(s)
- # of Stories1
- StoriesOne
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Back to ResultsSan Diego
- City:
- San Diego
- Price Range:
- $495,000 - $7,496,000
- Current Listings:
- 45
- HOA Dues:
- $0
- Average Price per Square Foot:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 17th, 2026 at 6:30pm PDT. 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.