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0 Baths
3,000 sqft

$1,799,999

5024 54th ST, SAN DIEGO CA, 92115

Price per sqft$600.00
Built in1958
Property size3,000 sqft
Property typeMulti-family

Overview

Active

Listed Oct 26, 2026

Updated 31h ago

** Two homes on one lot** Exceptional Investment Opportunity Near SDSU! Discover an incredible income-producing multifamily property at 5024 5026 54th Street, ideally located just moments from San Diego State University. Offering a total of 10 bedrooms and 5 bathrooms across two separate units, this property presents an outstanding opportunity for investors, owner-occupants, or those seeking a strong rental portfolio. The front residence features a spacious 6-bedroom, 3-bathroom layout, while the rear residence offers an additional 4 bedrooms and 2 bathrooms. The rear unit was newly built in 2024 and is fully permitted, providing modern construction and additional income potential. Both units are fully powered by paid-off solar systems, offering energy efficiency and helping minimize ongoing utility expenses. With combined rental income averaging approximately $11,000 per month, this property offers an attractive income stream in a highly desirable rental market. Conveniently located near SDSU, shopping, dining, transportation, and major freeways, this is a rare opportunity to own a versatile, income-generating property in one of San Diego's sought-after rental locations. Whether you're looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers incredible flexibility and potential!

$11,975/mo

Est. mortgage payment based on a $1,799,999 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PTP2608246MR

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.16 Acres

Listed by Sarah Meester with Real Broker
Listing Contact: 209-840-9247 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Hallid Sayed Ashrafnia | CA DRE# 01345982 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/13/2026

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