3153 55 G St, San Diego, CA 92102
List Price: $1.48M
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1960
MLS Number: 260017067SD
About This Property
We are pleased to present 3153-55 G Street, a four-unit multifamily investment opportunity in San Diego's Grant Hill neighborhood offering a unique combination of turnkey income and value-add potential. The property features a 4BD/1BA front home with upside to add a second bathroom, two newly constructed 1BD/1BA units (2026) delivered vacant with modern finishes, mini-splits, and brand-new appliances, and a detached 1BD/1BA rear home with a one-car garage and additional rental upside. Additional amenities include two laundry areas, a gated lot, separate gas and electric meters, and a storage shed. Conveniently located just minutes from Downtown San Diego, Balboa Park, and major freeways, the property offers excellent access to employment and amenities. With the two vacant units leased at projected market rents, the property is projected to achieve an estimated 5.53% pro forma cap rate, providing strong day-one cash flow with additional upside through the existing value-add units.
Listing provided by: Kyle Connor DRE #02192324 310-230-5478 kyle.connor@compass.com, Compass
Source: CRMLS, MLS #: 260017067SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.