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Back 298587 54th Street
Off Market

298587 54th Street

San Diego CA 92105

10
6
2989 sq. ft.
5975 sq. ft.
Multi-Family
Last sold for $1,465,000
Mark RevettaMark Revetta, last sold this property on 19 May 2026 after 39 days on market.

Overview

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.

Features

10 bedrooms
6 bathrooms
2989 sq. ft. floor area
5975 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 10 bedroom multi families sold in San Diego over the last 12 months.

Property history for 298587 54th Street

2026
Sold
$1,465,000
19 May 2026 by Mark Revetta, of OnQu Realty

Happy sellers in San Diego

90%
90% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in San Diego over the last 12 months.

Local market activity for 10 bedroom multi families in San Diego

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