554 Los Angeles Pl, San Diego, CA 92114
Commercial property · 2 recorded sales since 2015
Sold July 2023
Listing Agent: Karen Van Ness (DRE #01354837) · Listing Office: eXp Realty of California, Inc. · Contact: 888-584-9427 · Bought with: Gricelda Cooper · Turner Real Estate · MLS #230009536SD · Source: CRMLS
About this commercial property
This is a single family home of 3,348 sq. ft on a 6,000 sq. ft. lot converted by the owner into a 5-unit multifamily asset that is centrally located in East San Diego. The owner completely renovated the interiors with wonderful amenities for guests. Of the 5 units there are: 2-2 bdrm units, 1-1 bdrm unit, 1 studio unit & a garage ADU with a private patio. Some of the units have kitchens. To manage expenses the property has a leased solar system. There is an on-site laundry space as well as a wonderful yard area for tenants to relax and picnic while enjoying San Diego's beautiful weather. And if storage is an issue there is an answer...a huge basement! The owner has been residing in the front 2 bdrm unit and managing the other 4 as vacation rentals. There is an STRO license on file for the property. There are no known permits for the conversion. The owner estimates he collects $8,000-$10,000/mos. The property is located close to many wonderful attractions: 14.4 miles from San Ysidro Boarder Crossing, 8.4 miles from San Diego International Airport, 7.5 miles from famous Little Italy, 5.7 miles from North Park and it's incredible restaurants, and 4.9 miles from Balboa Park and Zoo. Location is everything for guests on vacation. This multifamily has it in spades; 14.4 miles from San Ysidro Boarder Crossing, 8.4 miles from San Diego International Airport, 7.5 miles from famous Little Italy, 5.7 miles from North Park and it's incredible restaurants, and 4.9 miles from Balboa Park and Zoo.
Listing description from the July 2023 sale, as reported to CRMLS.
Sale history
