2985-87 54Th St, San Diego, CA 92105 - Berkshire Hathaway HomeServices California Properties

Photo of Valerie Tuck

Valerie Tuck REALTOR® - Sales Associate 858-353-3377 m
858-353-3377 o
Lic#: 01947055
NRDS ID: 196559249
valerietuckhomes@gmail.com La Jolla Prospect Office
1299 Prospect St, Ste. 100-101, 200-203 & 301-302
La Jolla, CA 92037
Phone: 858-459-0501
Fax: 858-459-3275

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Agent Remarks

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.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)

Status: PENDING

MLS# 260008464

List price is $1,498,000 Reduced by $50,000 on 4/21/2026

Beds: 10

Baths: 6 (6 full)

Built in 1951

1 story

0.14 acres

Subdivision: SAN DIEGO

County: San Diego