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2985-87 54Th St
San Diego CA 92105 US

$1,498,000

Active Listing ID 260008464
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10 bed
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6.00 Bath (6 Full)
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Lot: 0.14 Acres
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Other

$1,498,000

Active Listing ID 260008464
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2985-87 54Th St 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.

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Property Features

  • Facts
  • Lot Size: 0.14 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Cooling System: Wall/Window Unit(s)
  • Exterior Finish: Public Street
  • Roof Type: Composition

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1498000
  • unparsedaddress: 2985-87 54Th St
  • postalcity: San Diego
  • stateorprovince: CA
  • country: US
  • postalcode: 92105
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1372
  • lotsizeunits: Acres
  • lotsizearea: 0.1372
  • livingarea: 2989
  • livingareaunits: Square Feet
  • latitude: 32.73625449
  • longitude: -117.0791664
  • listagentfullname: Mark Revetta
  • listagentemail: mark@889mark.com
  • listagentkey: 3yd-SANDICOR-617760
  • listagentmlsid: 617760
  • listagentpreferredphone: 6198896275
  • listagentofficephone: 6194626678
  • listofficekey: 3yd-SANDICOR-30577
  • listagentstatelicense: 01248164
  • listofficemlsid: 5643
  • disclaimer: Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SANDICOR
  • yearbuilt: 1951
  • listingcontractdate: 2026-04-09
  • listagentfax: 6193347790
  • listagenturl: http://www.OnQuRealty.com
  • countyorparish: San Diego
  • parcelnumber: 477-341-01-00
  • cooling: Wall/Window Unit(s)
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Independent
  • exteriorfeatures: Public Street
  • rooms: Bedroom 1, Bedroom 9, Bedroom 4, Bedroom 5, Bathroom 6, Bathroom 4, Bedroom 10, Bedroom 3, Bedroom 8, Bathroom 5, Bedroom 6, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 7, Bedroom 2
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -117.07916, 32.736256
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"OnQu Realty Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mark@889mark.com", "ListBrokerageCity":"La Mesa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Mark@OnQuRealty.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SANDICOR/f545fc31986911e482ef927c8f6bf665/20150118234719904.png", "ListBrokerageName":"OnQu Realty Inc", "ListBrokeragePhone":"(619) 462-6678", "ListBrokeragePostalCode":"91941", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite D", "ListBrokerageUnparsedAddress":"9461 Grossmont Summit Dr.", "ListBrokerageWebsiteUrl":"http://www.OnQuRealty.com", "ListOfficeAddress1":"9400 Grossmont Summit Dr#206 ", "ListOfficeAddress2":"Suite D", "ListOfficeBrokerMlsId":"30577", "ListOfficeCity":"La Mesa", "ListOfficeCountry":"US", "ListOfficeEmail":"info@onqurealty.com", "ListOfficePostalCode":"91941", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - San Diego, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/2987-54th-St_San-Diego_CA_92105_M92336-40453?f=listhub&s=SANDICOR&m=260008464&c=rexren", "MLSModificationTimestamp":"2026-04-21 01:14:42", "Neighborhoods":[{"Description":null, "Name":"SAN DIEGO"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/21/2026 1:20:06 AM GMT
Source Updated Date: 4/27/2026 12:41:47 PM GMT

Courtesy of: Mark Revetta, OnQu Realty, mark@889mark.com

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.