1016-18 15Th St
San Diego, CA 92154
$1,625,000
Turnkey, fully renovated 4-unit property featuring (2) 2BR/1BA units and (2) studio units on a 7,162 SF lot in South San Diego near Imperial Beach. All four units have been extensively updated with modern finishes including custom cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, designer lighting and in-unit washers/dryers. Studios feature energy-efficient mini-split A/C systems. Each unit enjoys its own large private yard, offering valuable outdoor space and added privacy for tenants. Property improvements include low-maintenance landscaping, an upgraded 200 AMP electrical panel and full fire sprinkler system. Strong rental location with convenient access to Imperial Beach, freeways, shopping, employment centers and military installations. Excellent opportunity for an owner-occupant or an investor seeking a renovated, low-maintenance multifamily property. One of the most affordable turnkey 4-unit opportunities in San Diego.
| Listing Id: | 260024687 |
|---|---|
| List Price: | $1,625,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 4 |
| Bathrooms Full: | 4 |
| Lot Size Square Feet: | 7,162.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Subdivision Name: | San Diego |
| Postal Code: | 92154 |
| Year Built: | 2025 |
| Number Of Units Total: | 4 |
| Basement: | false |
| Bathrooms Total Integer: | 4 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Stucco |
| Cooling: | N/K |
| Directions: | From I-5, take the Coronado Ave exit and head west. Turn right on Thermal Ave, left on Elder Ave, then left on 15th St. Property |
| Fencing: | N/K |
| Levels: | 1 Story |
| Living Area Units: | Sqft |
| Lot Size Area: | 0.17 |
| Lot Size Units: | Acres |
| MLS Area Major: | South Bay |
| Parcel Number: | 627-240-52-00 |
| Photos Change Timestamp: | 2026-10-13T22:29:57Z |
| Roof: | Composition |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories Total: | 1 |
| Sdmls Neighborhood: | Nester |
| Building Name: | Nester |
| Sdmls Area Zip: | OTAY MESA (92154) |
| Sdmls Lvt Date: | 2026-10-12 |
| Original List Price: | $1,625,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Security Features: | Gated Community |
| Tenant Pays: | Electricity, Gas/Propane, Water |
| Listing Terms: | Cash, Conventional, FHA, VA |
| Sdmls Unit Numfor Unit1: | 1016 |
| Sdmls Unit Numfor Unit2: | 1018 |
| Sdmls Unit Numfor Unit3: | 1016-1 |
| Sdmls Unit Numfor Unit4: | 1016-2 |
| Sdmls Internet Address: | 1016-18 15Th St |
| Operating Expense: | $31,685 |
| Gross Scheduled Income: | $110,640 |
| Number Of Buildings: | 1 |
| Sdmls Max Search Price: | 1,625,000 |
| Sdmls Mt: | 1 |
| Sdmls Num Unitsw Cooling: | 2 |
| Sdmls Geo Update Timestamp: | 2026-10-12T16:17:42.7 |
| Sdmls Full Address: | 1016-18 15Th St |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260024687 |
| Sdmls Unit1 Full Baths: | 1.0 |
| Sdmls Unit2 Full Baths: | 1.0 |
| Sdmls Unit3 Full Baths: | 1.0 |
| Sdmls Unit4 Full Baths: | 1.0 |
| Sdmls Unit1 Beds: | 2.0 |
| Sdmls Unit2 Beds: | 2.0 |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| On Market Date: | 2026-10-12 |
Listing Courtesy of: Starker West, Inc.
Listing Agent: Adam Cairo
619-300-0173
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© 2026 San Diego MLS.
San Diego MLS data last updated on October 21, 2026 08:41 AM - PT.
Property Last Updated: October 21, 2026 08:41 AM - PT
