$1,475,000
About this home
We are pleased to present 3153-55 G Street, a four-unit multifamily investment opportunity in San Diego's Grant Hill neighborhood offering immediate lease-up potential and long-term value-add upside. The property features a 4BD/1BA front home with the opportunity to add a second bathroom, two newly constructed 1BD/1BA ADUs (2026) delivered vacant with modern finishes, mini-splits, and brand-new appliances, and a detached 1BD/1BA rear home with a one-car garage(now a companion unit w/ a bedroom and closet)and additional rental upside. Additional amenities include owned solar, two laundry areas, separate gas and electric meters, a gated lot, and a storage shed. Conveniently located just minutes from Downtown San Diego, Balboa Park, and major freeways, the property is projected to achieve an estimated 5.53% pro forma cap rate upon lease-up, while still offering meaningful upside through renovation of the existing homes.
Facts & features
- Bathrooms
- 0
- Cooling
- Wall Window Units
- Levels
- Two
- Year built
- 1960
- Area
- 92102 - San Diego
- County
- San Diego
- Status
- Active
- Property type
- Residential Income
- Days on market
- 9
- Listed
- 2026-07-13
- Terms
- Cash, Conventional
- Parcel #
- 5450420700
- MLS #
- 260017067SD