2985 87 54Th St, San Diego, CA 92105
Property
Sold May 2026
Listing Agent: Mark Revetta (DRE #01248164) · Listing Office: OnQu Realty · Contact: 619-462-6678 · Bought with: Tiana San Nicolas · Coldwell Banker West · MLS #260008464SD · Source: CRMLS
About this property
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.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history