Property Details
About this Property
This beautifully refreshed 12-unit property presents a rare opportunity to acquire a pride-of-ownership asset with substantial income upside. Current rents offer immediate improvement potential, with just an 8.8% adjustment, investors can realize a meaningful increase in NOI while positioning the property for natural turnover to market rents. The 3-bedroom and 2-bedroom unit mix stands out in a market saturated with smaller one-bedroom and studio units, providing superior tenant demand and rent growth potential. Recent comparables have traded at similar price-per-unit metrics despite offering inferior layouts and limited income capacity, highlighting the value advantage of this asset. The 3 fourplexes also sit on 3 separate APNs offering the next buyer possible alternative exit strategies. With its recent exterior painting, new parking lot, strong fundamentals, and attractive unit composition, this property is poised to become a top performer in any portfolio.
MLS Listing Information
MLS #
SD2600970
MLS Source
San Diego MLS
Days on Site
19
Interior Features
Heating
Wall Furnace
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 12 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $16,385 | – |
| 2 | – | – | 0/0 | – | $8,730 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2959-81 54th St is a Residential Income in San Diego, CA 92105. This – square foot property sits on a 11,133 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,525,000 and was built in –. This address can also be written as 2959-81 54th St, San Diego, CA 92105.
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This listing information is up-to-date as of January 14, 2026. For the most current information, please contact Christina Labowicz, (858) 876-5701
