2985 54Th St, San Diego CA 92105 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Mark Revetta of OnQu Realty. Last updated 2026-04-28 08:11:28.000000. Listing information © 2026 Sandicor.

Asking Price: $1,498,000 | ​​​​​​​

2985 54Th St, San Diego CA 92105

Community: ​92105 - East San Diego


This property was built in 1951 and is priced at $1,498,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 260008464SD
  • Type:
  • Year Built: 1951
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.

Call or Email Terrence Griffin now to inquire about this property

619-952-0152