Listed by Compass, Twana Rasoul, Listing Contact: 619-792-8295
Twana Rasoul
Patrick Kappel
4454-60 52nd Street
$1,725,000
4454-60 52nd Street, San Diego, CA 92115
Rare 4-unit multifamily in San Diego, priced to move for investors and owner-occupant buyers alike. Each unit offers a 2 bed/1 bath layout at approx. 810 SF (2 units up, 2 down). Two units have in-unit laundry; the other two share a common on-site laundry room. The detached alley building holds 4 single-car garages (currently one is used as a laundry room), all with strong ADU conversion potential, plus room to build above the garages for even more upside. At market rents this property pencils at a 5% cap rate and 14.4 GRM. Ideal for an investor looking to add ADUs and maximize unit count, or an owner-occupant who can live in one unit while the other 3 units cover the majority of the mortgage. Built-in upside, prime San Diego location, and multiple paths to add value, don't miss this one.
Veteran owned and operated, the Kappel Realty Group is a team of Realtors focused on educating and assisting real estate buyers and sellers in the San Diego region. Nearly all of our agents have advanced degrees and master’s degrees in real estate or finance and half our agents are military veterans.