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

1020-24 15Th St San Diego

Main Photo: Residential Income for sale : 4 bedrooms : 1020-24 15Th St in San Diegobanner
$1,675,000
Prop. Type:
Residential Income
MLS® Num:
260003467
Status:
Active
Bedrooms:
4
Bathrooms:
4
Year Built:
1950
Introducing 1020-24 15th St, San Diego, CA 92154 — a beautifully renovated, turnkey four-unit multifamily property ideally positioned in the rapidly growing South San Diego / Imperial Beach corridor. This property comprises (2) spacious 2BD/1BA units and (2) well-designed studio units, each offering a highly efficient layout with luxurious modern finishes throughout. Interiors feature custom cabinetry, quartz countertops, stainless steel appliances, in-unit washer and dryers, luxury vinyl plank flooring, and designer lighting—creating a warm, contemporary living environment. Each studio includes an energy-efficient AC mini-split system for year-round comfort and tenant satisfaction. The property also offers low-maintenance landscaping and a newly upgraded 200 AMP electrical panel, ensuring ease of ownership and reduced operating costs. Each unit enjoys its own large private yard, providing valuable outdoor living space ideal for entertaining, relaxing, or pet enjoyment. A full fire sprinkler system further enhances safety and potential insurance savings. Situated on a 6,580 SF lot, 1020-24 15th St combines functionality, privacy, and location in a high-demand rental market with strong military presence. This property qualifies as an ideal FHA or VA purchase, making it a perfect opportunity for owner-occupants or investors seeking long-term income and appreciation potential. One of the lowest-priced turnkey 4-plexes in San Diego, this is an opportunity not to miss.
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:
1950
Age (in years):
Switch units of measure76 year(s)
Short Sale:
false
Mello Roos Fee:
$0
Other Fees:
$0
Monthly Total Fees:
$0
Terms:
Cash, Conventional, FHA, VA
Cap Rate.:
4.5
Gross scheduled income:
111600.0
Other income actual:
0
Operating expense:
32661.0
Gross Rent Multiplier:
15.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
N/K
Unit Number for Unit 1:
1020
Unit Number for Unit 2:
1022
Unit Number for Unit 3:
1024 #1
Unit Number for Unit 4:
1024 #2
From I-5 exit Palm Ave east, left on Saturn Blvd, right on 15th St to 1020 15th St on right.
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 February 13, 2026 at 07:10 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.