SoldSep 10, 2026

Listed by Christina Labowicz from ACI Apartments

Source: San Diego MLS #2600970

295981 54th Street, San Diego, CA, 92105

$3,200,000

28
12
12
9360 sq. ft.
11133 sq. ft.

Other

•

30+ days on the market

Sold: Sep 10, 2026

What's around 295981 54th Street

About this property

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.

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Other properties sold by Christina Labowicz

SoldSep 17, 2026
$1,245,000
41354137 Chamoune Avenue
San Diego CA 92105
6
5
6
Other
Listing courtesy of Acre Investment Real Estate and ACI Apartments
SoldMay 26, 2026
$2,350,000
4585 Felton Street
San Diego CA 92116
11
11
Other
Listing courtesy of ACI Apartments and Palma Commercial
SoldMay 7, 2026
$2,000,000
415662 Swift Avenue
San Diego CA 92104
10
5
Multi-Family
Listing courtesy of ACI Apartments

Browse properties sold in nearby areas

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