San Diego & Coronado Property SearchHere you will have direct access to the latest San Diego Real Estate For Sale. Featuring detailed real estate information for San Diego including Coronado Cays, Coronado Shores, Coronado Village, Rancho Santa Fe, Del Mar, La Jolla, Solana Beach, and all Luxury San Diego Beach Communities. Residential Income for sale : 3 bedrooms : 3854 50th Street in San Diego3854 50th Street San Diego
Priced for an immediate sale at $45k per unit below the 1980s+ Sale Comp Average over the last year! 3854 50th Street presents a compelling opportunity to acquire a low-maintenance 1980s construction asset in a historically high-demand yet affordable Central San Diego location. This workhorse investment combines strong in-place income with desirable infrastructure improvements and systems. The property benefits from major infrastructure improvements and durable 1980s-era construction features that materially reduce long-term ownership risk and expense. The building features ABS sewer lines and new copper water supply lines that have been rerouted from the slab to the buildings exterior a significant upgrade compared to older assets with aging cast iron plumbing. The electrical system consists of original 1980s Arrow Hart Murray panels, which are not flagged by insurance carriers. Improvements include a new roof (2020), dual-pane windows, parking lot repave, and new code-compliant catwalk railings. Seasoned investors recognize the substantial cost burden associated with replacing cast iron plumbing, in-slab water lines, and outdated electrical panels expenses that can average $25,000$35,000 per unit, excluding demolition and reconstruction costs. This asset avoids those major capital exposures, offering a more predictable and expense-controlled operating profile. The property produces a strong 6.10% cap rate and 9.95 GRM with the immediately available rent increases and a 6.86% proforma cap rate post full interior renovations. Unit interiors have received light updates ove
Listed by Commercial Asset Advisors
Data was last updated June 10, 2026 at 07:10 AM (UTC)
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