2959-81 54th St San Diego, CA ^$ 3,525,000

2959-81 54th St

^$ 3,525,000

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2959-81 54th St

San Diego, CA, 92105

^$ 3,525,000

Bedrooms5 Baths2.0 Sq 9,360

Monthly Estimate*

^$ 21,704

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Multi-Family Home for sale in San Diego, CA

for $3,525,000 with 5 bedrooms and 2 full baths. This 9,360 square foot home was built on a lot size of 0.255579.

This beautifully refreshed 12-unit property presents a rare opportunity to acquire a pride-of-ownership asset with substantial income upside. Current rents offer immediate improvement potential, with just an 8.8% adjustment, investors can realize a meaningful increase in NOI while positioning the property for natural turnover to market rents. The 3-bedroom and 2-bedroom unit mix stands out in a market saturated with smaller one-bedroom and studio units, providing superior tenant demand and rent growth potential. Recent comparables have traded at similar price-per-unit metrics despite offering inferior layouts and limited income capacity, highlighting the value advantage of this asset. The 3 fourplexes also sit on 3 separate APNs offering the next buyer possible alternative exit strategies. With its recent exterior painting, new parking lot, strong fundamentals, and attractive unit composition, this property is poised to become a top performer in any portfolio.

Multi-Family Active

Price

^$ 3,525,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Lot Size

0.255579

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

2600970

Features

General

Heating Wall

Construction Materials Stucco

Year Built 0

Stories Count 2

Levels 2 Story

Property Subtype Com-Res Income

County San Diego

Operating Expense 107785.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Status ACTIVE

City San Diego

Senior Community Y/N N

Number Of Units Total 12

MLS Area Metro Uptown

Lot Size Units Acres

Lot Size Square Feet 11133.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Total Actual Rent 25115.0

Cap Rate 5.06

Freehold IDX

Exterior

Parking Features Spaces

Total Parking 12.0

Lot Size Area 0.0

Number of Buildings 3

Building Area Total 9360.0

Waterfront Y/N N

Interior

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 5

Total Baths 2

* Excluded Features

List By

Christina M Labowicz

Listing Agent

Aci Apartments

Broker

(858) 876-5701

Phone

Affordability Calculator

$21,704

Per Month

Monthly Principal & Interest: $21,704
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,201,564

Percent of Sale Price 38%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/14/2026	$3,525,000		Listed Price

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2959-81 54th St, San Diego, CA, 92105 is a Multi-Family Home for sale at $3,525,000 with 9,360 sqft and a lot size of 0.255579. 2959-81 54th St has 5 bedrooms and 2.0 baths. The property's zip code is 92105 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

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, non-commercial 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 Multiple Listing Service, Inc. 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.

Data is updated as of 1/29/2026.

CA BRE #019180026.

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2959-81 54th St

Multi-Family Home for sale in San Diego, CA

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