5024 26 54th Street, San Diego, CA 92115

$1,875,000

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List Price
$1,875,000
Status
COMING SOON
MLS#
PTP2608246
Year Built
1958
Lot Size
7,000
Acres
0.16
Lot Location
0-1 Unit/Acre
Days on Market
11
Property Type
Multifamily

Property Description

Exceptional Investment Opportunity Near SDSU! Discover an incredible income-producing multifamily property at 5024–5026 54th Street, ideally located just moments from San Diego State University. Offering a total of 10 bedrooms and 5 bathrooms across two separate units, this property presents an outstanding opportunity for investors, owner-occupants, or those seeking a strong rental portfolio. The front residence features a spacious 6-bedroom, 3-bathroom layout, while the rear residence offers an additional 4 bedrooms and 2 bathrooms. The rear unit was newly built in 2024 and is fully permitted, providing modern construction and additional income potential. Both units are fully powered by paid-off solar systems, offering energy efficiency and helping minimize ongoing utility expenses. With combined rental income averaging approximately $11,500 per month, this property offers an attractive income stream in a highly desirable rental market. Conveniently located near SDSU, shopping, dining, transportation, and major freeways, this is a rare opportunity to own a versatile, income-generating property in one of San Diego's sought-after rental locations. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers incredible flexibility and potential!

Additional Information

Pool Description
None
Attached Structure
Detached
Number Of Units Total
2
Operating Expense
15121

Listing courtesy of Listing Agent: Sarah Meester (sarahm@deanaguilargroup.com) from Listing Office: Real Broker.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.