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Residential Income for sale : 4 bedrooms : 1020-24 15Th in San Diego

1020-24 15Th San Diego

Main Photo: Residential Income for sale : 4 bedrooms : 1020-24 15Th in San Diegobanner
$1,585,000
Prop. Type:
Residential Income
MLS® Num:
260019367
Status:
Active
Bedrooms:
4
Bathrooms:
4
Year Built:
2024
Turnkey 4-unit investment opportunity in the growing South San Diego/Imperial Beach corridor. The property consists of (2) 2BD/1BA units and (2) studio units, all extensively renovated with quartz countertops, custom cabinetry, stainless steel appliances, luxury vinyl plank flooring, designer lighting, in-unit washers and dryers, and energy-efficient mini-split A/C systems in the studios. Each unit features its own large private yard, a rare amenity that provides exceptional outdoor living space for entertaining, relaxing, or pets. Recent improvements include a new 200-amp electrical panel, full fire sprinkler system, and low-maintenance landscaping. Situated on a 6,580 SF lot with convenient access to military bases, shopping, employment centers, and major freeways, the property offers strong rental demand. Ideal for investors seeking a turnkey asset or owner-occupants utilizing FHA or VA financing while offsetting housing costs with rental income. A rare opportunity to acquire a fully renovated four-unit property in one of South San Diego's strongest rental markets.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
South Bay
Neighborhood Code:
San Diego
Name of Complex/Subdivision:
SAN DIEGO
Building Name:
San Diego
Total Building Area:
Switch units of measure0 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
4
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
1 Story
Total Stories:
1
Year Built:
2024
Age (in years):
Switch units of measure2 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
5.1
Gross scheduled income:
108960.0
Other income actual:
500
Operating expense:
27240.0
Number of Units:
4
Number of Units with Cooling:
2
Tenant pays:
Sewer, Trash, Water, Electricity, Gas/Propane
Unit Number for Unit 1:
1020
Unit Number for Unit 2:
1022
Unit Number for Unit 3:
Studio
Unit Number for Unit 4:
Studio
From I-5, exit Coronado Ave and head east. Turn right on 15th Street. Property is located at 1020 15th St, San Diego, CA 92154.
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Construction Material:
Wood/Stucco
Lot Size:
Switch units of measure7,405 sq. ft.
Parcel Number:
627-240-53-00
Cooling:
N/K
Roof:
Composition
Security:
Gated Community
Fencing:
N/K
Listed by Starker West, Inc.
Data was last updated August 11, 2026 at 03:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
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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. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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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. Compilation © 2026 San Diego Multiple Listing Service, Inc.