87 54th St, San Diego, CA 92105
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
Listed by: mark revetta
Office: onqu realty619-462-6678
MLS#:260008464SD
Source:CRMLS
Price summary
- Price:$1,498,000
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 12.25 & 6%+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:29 day(s) ago
- Updated:May 09, 2026 at 07:18 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:$1,498,000
Features and amenities
- Appliances:Tankless Water Heater
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