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Kevin Silverstein

[email protected] +1(619) 203-7041

$1,799,999

Est. payment - /mo

10 Beds

5 Baths

7,000 Sqft Lot

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Open House

Sat Nov 14, 1:00pm - 3:00pm

Sun Nov 15, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2608246

Bedrooms 10

Lot Size 7,000 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

** Two homes on one lot** Exceptional Investment Opportunity Near SDSU! Discover an incredible income-producing multifamily property at 50245026 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 $11,000 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!

Location

State CA

County San Diego

Zoning Assessor

Direction See GPS

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4661120700

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

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Listed by Sarah Meester, DRE#02169182 Real Broker

Nearby School & Business

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Kevin Silverstein

+1(619) 203-7041

Realtor CA BRE #02098925

San Diego Communities

5024-26 54th Street San Diego, CA 92115

Kevin Silverstein

Open House

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information