5024 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: | PTP2608228 |
|---|---|
| List Price: | $1,799,999 |
| Property Type: | Residential |
| Property Sub Type: | Manufactured Home |
| Status: | Active |
| Bedrooms Total: | 10 |
| Bathrooms Full: | 5 |
| Living Area: | 3,000 |
| 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: | 1958 |
| Basement: | false |
| Bathrooms Total Integer: | 5 |
| Building Area Total: | 3,000.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Cooling: | Central Forced Air |
| Directions: | see GPS |
| Elementary School District: | San Diego Unified School Distric |
| Entry Level: | 1 |
| Fireplace Features: | N/K |
| High School District: | San Diego Unified School Distric |
| Levels: | 1 Story |
| Living Area Units: | SquareFeet |
| Lot Size Area: | 0.1607 |
| Lot Size Units: | Acres |
| Middle Or Junior School District: | San Diego Unified School Distric |
| Parcel Number: | 4661120700 |
| Photos Change Timestamp: | 2026-11-12T23:45:24Z |
| Pool Features: | N/K |
| Special Listing Conditions: | Standard |
| State Or Province: | CA |
| Stories: | 1 |
| Stories Total: | 1 |
| View: | Neighborhood |
| Zoning: | RS-1-7 |
| Sdmls Area Zip: | SAN DIEGO (92115) |
| Sdmls Lvt Date: | 2026-11-12 |
| Original List Price: | $1,875,000 |
| Sdmls Price Per Sqft: | 600 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Miscellaneous: | Gutters, Suburban |
| Common Walls: | No Common Walls |
| Showing Instructions: | Please contact listing agent for a showing (209) 840-9247. |
| Site: | Curbs, Sidewalks |
| Listing Terms: | Cash, Conventional, Exchange, FHA, VA |
| Showing Contact Type: | Agent |
| Year Built Source: | Assessor |
| Sdmls Cfd Mello Roos Fee Reflct: | Year |
| Assessments: | N/K |
| Number Of Units In Community: | 0 |
| Sdmls Geo Update Timestamp: | 2026-11-05T19:35:22.7 |
| Sdmls Full Address: | 5024 54th Street |
| Bedrooms Possible: | 10 |
| 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
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.
© 2026 San Diego MLS.
San Diego MLS data last updated on November 13, 2026 02:01 AM - PT.
Property Last Updated: November 13, 2026 02:01 AM - PT
