Turnkey Quadplex
87 54Th St San Diego, CA 92105
87 54Th St, San Diego, CA, 92105
$1,498,000
Pending
For Sale
$1,498,000
Pending
Four fully remodeled units with in-unit A/C, heat, and indoor laundry, including three 3-bedroom and one 1-bedroom layout.
Days on Market74
Property Features for 87 54Th St
General Information
- Standard status
- Pending
- Property subtype
- Investment
Building Details
- Year Built
- 1951
Listing agency
OnQu Realty Inc
(619) 889-6275
Listed by
Mark Revetta · License #01248164
(619) 889-6275
Source
Elliman
Added: May 10 Updated: Jul 22 at 9:05AM Checked: Jul 22 at 9:05AM
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 OnQu Realty Inc
Investment Insights
Based on property information with market context.
This turnkey quadplex presents four fully remodeled units with indoor laundry and A/C and heat in all units. The unit mix includes three 3-bedroom units and one 1-bedroom unit, and the units have not been previously occupied post-renovation, offering a fresh start for a new owner and tenants. Professionally managed, the property is currently advertising for tenants, with projected operating expenses of approximately 26.5%, including a transferrable 6.5% management fee.
The asset is located in a high-demand rental corridor of San Diego, with convenient access to mass transit and major freeways. Nearby conveniences referenced in the remarks include churches and shopping, with SDSU noted as 3.5 miles away.
Per the provided projection, the property is expected to generate approximately $10,250 per month, or $123,000 per year, reflecting a GRM of 12.25 and a 6%+ cap rate at the list price.
The asset is located in a high-demand rental corridor of San Diego, with convenient access to mass transit and major freeways. Nearby conveniences referenced in the remarks include churches and shopping, with SDSU noted as 3.5 miles away.
Per the provided projection, the property is expected to generate approximately $10,250 per month, or $123,000 per year, reflecting a GRM of 12.25 and a 6%+ cap rate at the list price.
Key Highlights
- 4‑unit investment built in 1951 with three 3‑bedroom units and one 1‑bedroom unit
- Fully remodeled units with indoor laundry in each unit
- In‑unit A/C and heat provided for all units
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Four fully remodeled units with in-unit A/C, heat, and indoor laundry, including three 3-bedroom and one 1-bedroom layout.
Where is this quadplex located?
The property is located at 87 54Th St San Diego, CA.
What is the asking price?
The asking price for this property is $1,498,000.
What are key features of this property?
This property features: 4‑unit investment built in 1951 with three 3‑bedroom units and one 1‑bedroom unit; Fully remodeled units with indoor laundry in each unit; In‑unit A/C and heat provided for all units
