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… Read More 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. Read Less
Courtesy of Compass, 310-230-5478, Kyle Connor.
Listing Snapshot
Days Online
11
Last Updated
Property Type
Res Income 2-4 Units
Beds
7
Full Baths
4
Year Built
1960
MLS Number
260017067
30 Days Snapshot Of 92102
$1.07M
0%
(avg) sold price
0
-100%
homes sold
24
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1960, Building area total: 2674, 3 number of buildings, 2 stories total, Living area: 0, Living area units: Sqft, Building area units: Sqft, Building name: N/A, 4 total units, Stucco, 2 Story
Cooling
Wall/Window
Expenses
Operating expense: $37,788
Fence
Gate, Other/Remarks
Income
Gross scheduled income: $123,000
Lot
Size units: Acres
Property
Property subtype: Res Income 2-4 Units, Property type: Residential Income, Zoning: RX-1-1
Roof
Composition
Security Features
N/K
Tenant Pays
Electricity, Gas/Propane
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Source: San Diego MLS
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