5024-26 54th Street
San Diego, CA 92115
$1,799,999
Open Houses
** Two homes on one lot** Exceptional Investment Opportunity Near SDSU! Discover an incredible income-producing multifamily property at 50245026 54th Street, ideally located just moments from San Diego State University. Offering a total of 10 bedrooms and 5 bathrooms across two separate units, this property presents an outstanding opportunity for investors, owner-occupants, or those seeking a strong rental portfolio. The front residence features a spacious 6-bedroom, 3-bathroom layout, while the rear residence offers an additional 4 bedrooms and 2 bathrooms. The rear unit was newly built in 2024 and is fully permitted, providing modern construction and additional income potential. Both units are fully powered by paid-off solar systems, offering energy efficiency and helping minimize ongoing utility expenses. With combined rental income averaging approximately $11,000 per month, this property offers an attractive income stream in a highly desirable rental market. Conveniently located near SDSU, shopping, dining, transportation, and major freeways, this is a rare opportunity to own a versatile, income-generating property in one of San Diego's sought-after rental locations. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers incredible flexibility and potential!
| Listing Id: | PTP2608246 |
|---|---|
| List Price: | $1,799,999 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 5 |
| Association Fee: | $0 |
| Lot Size Square Feet: | 7,000.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Postal Code: | 92115 |
| Year Built: | 0 |
| Number Of Units Total: | 2 |
| Basement: | false |
| Bathrooms Total Integer: | 5 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Directions: | See GPS |
| Living Area Units: | SquareFeet |
| Lot Size Area: | 0.1607 |
| Lot Size Units: | Acres |
| Parcel Number: | 4661120700 |
| Photos Change Timestamp: | 2026-11-12T23:45:24Z |
| Pool Features: | N/K |
| State Or Province: | CA |
| Stories Total: | 2 |
| Zoning: | Assessor |
| Sdmls Neighborhood: | College west |
| Sdmls Area Zip: | SAN DIEGO (92115) |
| Sdmls Lvt Date: | 2026-11-12 |
| Original List Price: | $1,875,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Showing Instructions: | Text listing agent to show (209) 840-9247 |
| Site: | Curbs, Sidewalks |
| Listing Terms: | Cash, Conventional, Exchange, FHA, VA |
| Sdmls Unit Numfor Unit1: | 0 |
| Sdmls Unit Numfor Unit2: | 1 |
| Operating Expense: | $15,121 |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Assessments: | N/K |
| Number Of Buildings: | 2 |
| Sdmls Geo Update Timestamp: | 2026-11-06T01:38:01.1 |
| Sdmls Full Address: | 5024-26 54th Street |
| Sdmls Unit1 Beds: | 6.0 |
| Sdmls Unit2 Beds: | 4.0 |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| Sdmls Supplement Remarks: | ** Two homes on one lot** Exceptional Investment Opportunity Near SDSU! Discover an incredible income-producing multifamily property at 50245026 54th Street, ideally located just moments from San Diego State University. Offering a total of 10 bedrooms and 5 bathrooms across two separate units, this property presents an outstanding opportunity for investors, owner-occupants, or those seeking a strong rental portfolio. The front residence features a spacious 6-bedroom, 3-bathroom layout, while the rear residence offers an additional 4 bedrooms and 2 bathrooms. The rear unit was newly built in 2024 and is fully permitted, providing modern construction and additional income potential. Both units are fully powered by paid-off solar systems, offering energy efficiency and helping minimize ongoing utility expenses. With combined rental income averaging approximately $11, 000 per month, this property offers an attractive income stream in a highly desirable rental market. Conveniently located near SDSU, shopping, dining, transportation, and major freeways, this is a rare opportunity to own a versatile, income-generating property in one of San Diego's sought-after rental locations. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers incredible flexibility and potential! |
| On Market Date: | 2026-11-12 |
Listing Courtesy of: Real Broker
Listing Agent: Sarah Meester
209-840-9247
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 13, 2026 01:55 AM - PT.
Property Last Updated: November 13, 2026 01:55 AM - PT
