Home | San Diego County | San Diego | 92102 | 1505 Fern Street
MLS: SD260016488 | Status: | Price: $3,595,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 4,721 | – |
We are pleased to present 1505 Fern Street, 1505½ Fern Street, 3034 Beech Street, 3036 Beech Street, and 3038 Beech Street—a rare opportunity to acquire a fully furnished, income-producing residential compound in the heart of San Diego’s highly desirable South Park neighborhood. Combining a restored historic residence, newly constructed ADUs completed in 2024, a transferable Mills Act designation, and a proven furnished rental platform, Fern Street offers a differentiated investment opportunity beyond traditional multifamily ownership. The property consists of five thoughtfully designed residences, including one threebedroom / 2.5-bath unit, one two-bedroom / 2.5-bath unit, two one-bedroom / one-bath units, and one studio / one-bath unit. Three permitted ADUs were completed in 2024, including two newly constructed rear units and a newly created studio residence. All units are delivered fully furnished and currently support a successful blend of vacation rentals and furnished mid-term stays. Rather than relying on a conventional apartment leasing model, Fern Street benefits from a flexible furnished rental strategy supported by strong historical operating performance. The property generated trailing twelve-month revenue of $296,225 and NOI of $193,651, while 2025 operations produc
| Field | Value |
|---|---|
| MLS # | SD260016488 |
| MLS Source | San Diego MLS |
| Days on Site | 6 |
| Feature | Details |
|---|---|
| Flooring | Hardwood, Vinyl |
| Cooling | Window/Wall Unit |
| Heating | Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | No Parking, Garage: Car(s) |
Conor Brennan
Conor Brennan, Broker
License #: 01918598
Phone: (720) 841-8139
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $6,613 | – |
| 2 | – | – | 0/0 | – | $7,374 | – |
| 3 | – | – | 0/0 | – | $8,315 | – |
| 4 | – | – | 0/0 | – | $2,599 | – |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 4162 Arizona Street | $4,150,000 | – | – | – | |
| 2202 30th St | $4,000,000 | – | – | – | |
| 3533 6th Ave | $3,195,000 | – | – | – | |
| 1913-27 Georgia Ct | $3,250,000 | – | – | – |
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This listing information is up-to-date as of July 13, 2026. For the most current information, please contact Conor Brennan, (720) 841-8139.