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$1,475,000
Est. payment /mo
7 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 260017067
Bedrooms 7
Full Baths 4
Year Built 1960
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 3153-55 G Street, a four-unit multifamily investment opportunity in San Diego's Grant Hill neighborhood offering immediate lease-up potential and long-term value-add upside. The property features a 4BD/1BA front home with the opportunity to add a second bathroom, two newly constructed 1BD/1BA ADUs (2026) delivered vacant with modern finishes, mini-splits, and brand-new appliances, and a detached 1BD/1BA rear home with a one-car garage(now a companion unit w/ a bedroom and closet)and additional rental upside. Additional amenities include owned solar, two laundry areas, separate gas and electric meters, a gated lot, and a storage shed. Conveniently located just minutes from Downtown San Diego, Balboa Park, and major freeways, the property is projected to achieve an estimated 5.53% pro forma cap rate upon lease-up, while still offering meaningful upside through renovation of the existing homes.
Location
State CA
County San Diego
Area Metro Central
Zoning RX-1-1
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Gate, Other/Remarks
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 545-042-07-00
Acceptable Financing Cash, Conventional, Exchange, Other/Remarks
Listing Terms Cash, Conventional, Exchange, Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/260017067
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Listed by Kyle Connor, DRE#02192324 Compass
Nearby School & Business
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