2985 87 54Th St, San Diego, CA 92105

Property Description

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 12.6 & 5.85% 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 Status:

Active

Date Added:

April 10, 2026

Data Last Updated:

April 14, 2026 at 4:17PM

Listing Office:

OnQu Realty : 619-462-6678

Listing Agent:

Mark Revetta : 619-889-6275

MLS ID:

260008464SD

Interior

• Appliances: Tankless Water Heater
• A/C: Wall/Window Unit(s)
• Heating: CombinationElectric

Exterior

• General: None
• Pool: None
• Parking: Parking spaces: 0

Construction

• Roofing: Composition
• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: R-3:RESTRI4773410100
• View: View

Financial

• Source: CRMLS_SAND