San Diego, CA 92105,2959 54th St
San Diego, CA 92105,2959 54th St
San Diego, CA 92105,2959 54th St
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,525,000
Est. payment /mo
0.26 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2600970SD

HOA Y/N No

Lot Size 0.256 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County San Diego

Area 92105 - East San Diego

Interior

Heating Wall Furnace

Fireplace No

Exterior

Total Parking Spaces 12

Others

Tax ID 4773410400

Acceptable Financing Cash

Listing Terms Cash

Read Less Info
CRMLS – RECore
Listed by Christina Labowicz ACI Apartments

NEARBY SCHOOL & BUSINESS

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    McKinley Elementary School

    Public | KG - 5

  • 9

    Hardy Elementary School

    Public | KG - 5

  • 8

    Edison Elementary School

    Public | PK - 5

  • 8

    Nye Elementary School

    Public | KG - 5

  • 8

    Rolando Park Elementary School

    Public | PK - 5

  • 7

    San Diego Global Vision Academy

    Public | KG - 5

  • 7

    Oak Park Elementary School

    Public | KG - 5

  • 6

    Normal Heights Elementary School

    Public | PK - 5

  • 6

    Rowan Elementary School

    Public | KG - 5

  • 6

    Marshall Elementary School

    Public | PK - 5

  • 6

    The O'Farrell Charter

    Public | KG - 12

  • 6

    Language Academy

    Public | KG - 8

  • 6

    Clay Elementary School

    Public | KG - 5

  • 6

    San Altos Elementary School

    Public | PK - 6

  • 5

    Golden Hill School

    Public | PK - 8

  • 5

    Adams Elementary School

    Public | PK - 5

  • 5

    America's Finest Charter

    Public | KG - 8

  • 5

    Hamilton Elementary School

    Public | PK - 5

  • 5

    Rosa Parks Elementary School

    Public | PK - 5

  • 5

    Chollas/Mead Elementary School

    Public | PK - 5

Middle Schools 13
  • 6

    Gompers Preparatory Academy

    Public | 6 - 12

  • 4

    Health Sciences Middle School

    Public | 6 - 9

  • 4

    Clark Middle School

    Public | 6 - 8

  • 3

    Wilson Middle School

    Public | 6 - 8

  • 3

    Mann Middle School

    Public | 6 - 8

  • 2

    Millennial Tech Middle School

    Public | 6 - 8

  • 1

    Knox Middle School

    Public | 6 - 8

  • 0

    San Diego Global Vision Academy Middle School

    Public | 6 - 8

  • 0

    Academy of Arts and Sciences: del Mar Middle & Hig

    Public | 6 - 12

  • 0

    Academy of Arts and Scis: el Cajon Middle and High (6

    Public | 6 - 12

  • 0

    City Heights Preparatory Charter

    Public | 6 - 12

  • 0

    Nativity Preparatory Academy

    Private | 6 - 8

  • 0

    Lemon Grove Academy Middle School

    Public | 7 - 8

High Schools 10
  • 9

    Helix High School

    Public | 9 - 12

  • 6

    Health Sciences High School

    Public | 9 - 12

  • 5

    Lincoln High School

    Public | 9 - 12

  • 5

    Morse High School

    Public | 9 - 12

  • 4

    Crawford High School

    Public | 9 - 12

  • 3

    Hoover High School

    Public | 9 - 12

  • 1

    Arroyo Paseo Charter High School

    Public | 9 - 12

  • 0

    St Augustine High School

    Private | 9 - 12

  • 0

    Brookshire International Academy

    Private | 11 - 12

  • 0

    Iftin University Preparatory High School

    Public | 9 - 12

School and business data provided by Attom Data.

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