1016 15Th St San Diego, CA $ 1,661,000
1016 15Th St
$ 1,661,000
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1016 15Th St

San Diego, CA, 92154
$ 1,661,000
Baths1.0

Monthly Estimate*

$ 10,227

Listed by Starker West, Inc.
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View a Virtual Tour
Studio

Multi-Family Home for sale in San Diego, CA

for $1,661,000 with 1 full bath. This home was built in 1950 on a lot size of 0.1666.

Renovated four-unit property in the rapidly growing South San Diego / Imperial Beach corridor, featuring (2) spacious 2BD/1BA units and (2) well-designed studio units with efficient layouts and high-end modern finishes. Interiors include custom cabinetry, quartz countertops, stainless steel appliances, in-unit washer/dryers, luxury vinyl plank flooring, and designer lighting, while the studios offer energy-efficient mini-split AC systems for year-round comfort. A standout feature is that each unit enjoys its own large private yard—an uncommon and highly desirable amenity that enhances tenant appeal, supports premium rents, and provides true indoor-outdoor living for entertaining, pets, or relaxation. The property also offers low-maintenance landscaping, a newly upgraded 200 AMP electrical panel, and a full fire sprinkler system for added safety and potential insurance savings. Situated on a 6,580 SF lot in a strong rental market with a heavy military presence, this asset is ideal for FHA or VA buyers and investors alike and represents one of the lowest-priced turnkey fourplex opportunities in San Diego with immediate income and long-term upside.

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Multi-Family Active

Price

$ 1,661,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1666

Year Built

1950

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

2600935SD

Days on Market

104

Features
General
Cooling None
Roof Composition
HOA Fee 0
Security Features Gated Community
Year Built 1950
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Community Features Gated
County San Diego
Net Operating Income 74660
Property Type Residential Income
Subdivision Name Imperial Beach
Status Active
Directions Use GPS CrossStreet: .
City San Diego
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92154 - Otay Mesa
Lot Size Units Square Feet
Lot Size Square Feet 7257
Listing Terms Cash Conventional FHA VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/2600935
Standard Status Active
Cap Rate 4.5
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Interior
Total Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Fencing None
Total Parking 0
Lot Size Area 7257
Number of Buildings 1
Spa false
Lot Size Acres 0.1666
Lot Size Source Assessor
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* Excluded Features
List By
Starker West, Inc.

Broker

Watje@starkerwest.com

Email

Affordability Calculator

$10,227
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,227
Monthly Property Taxes
--
Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/6/2026$1,661,000 -0.06% Price Down
3/25/2026$1,662,000 -0.12% Price Down
3/19/2026$1,664,000 -0.66% Price Down
1/14/2026$1,675,000 Listed Price

Map


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1016 15Th St, San Diego, CA, 92154 is a Multi-Family Home for sale at $1,661,000 with a lot size of 0.1666. 1016 15Th St is a studio with 1.0 baths and was built in 1950. The property's zip code is 92154 which is in San Diego, CA