Refreshed 12-Unit Multifamily
2959-81 54th St, San Diego, CA 92105
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12-unit property with income upside in San Diego, CA.
Type:Multifamily
Property size:
9,360 SFPrice / SF:
$376/SF- Added:
- Jan 28, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 19 at 9:32 pm
Property Features for 2959-81 54th St
General Information
- Standard status
- Active
- Size
- 9,360 SF
- Property subtype
- Multifamily
Listing agent Christina Labowicz License #02055851
Listing office Apartment Consultants Incorporated (858) 876-5701
Listing date Jan 28, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Apartment Consultants Incorporated
HighLights
- Substantial income upside with immediate rent improvement potential (8.8% adjustment).
- Desirable unit mix of 3‑bedroom and 2‑bedroom units, superior to smaller units common in the market.
- Three fourplexes on 3 separate APNs offering possible alternative exit strategies.
- Recent exterior painting and new parking lot.
- Strong fundamentals and attractive unit composition.
- Value advantage compared to recent comparables with inferior layouts and limited income capacity.
Overview
This refreshed 12-unit property offers an opportunity to acquire an asset with income upside. Current rents allow for improvement potential. An 8.8% adjustment can increase the NOI while positioning the property for market rents upon turnover. The unit mix includes 3-bedroom and 2-bedroom units. Recent comparables have traded at similar price-per-unit metrics. The property consists of 3 fourplexes situated on 3 separate APNs. Recent exterior painting and a new parking lot have been completed. The property contains 9,360 square feet and is located in San Diego, CA.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.07923
- Latitude
- 32.736187
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 12-unit property with income upside in San Diego, CA.
Where is this apartment building located?
The property is located at 2959-81 54th St San Diego, CA.
What is the asking price?
The asking price for this property is $3,525,000.
What are key features of this property?
This property features: Substantial income upside with immediate rent improvement potential (8.8% adjustment).; Desirable unit mix of 3‑bedroom and 2‑bedroom units, superior to smaller units common in the market.; Three fourplexes on 3 separate APNs offering possible alternative exit strategies.
