New Listing
Price Reduced Listing
Open House LogoIn-Person: 11/14 1:00 PM - 3:00 PM
In-Person: 11/15 1:00 PM - 3:00 PM
$1,799,999
 $11,975 est/mo Sourced by Back At You

5024 26 54th Street,San Diego, CA 92115

San Diego, CA 92115

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Description

**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!

Details

MLSPTP2608228
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1958
Days On Site1
Listing Provided ByReal Broker | Sarah Meester

Features

Bed(s)10
Bath(s) 5 Total
SQ Feet3,000
Story(s)1
ZoningRS-1-7
Acreage0.16
Property ViewYes

Interior

CoolingCentral Air
Heating Yes / NoNo
Cooling Yes / NoYes
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Garage Yes / NoNo

Location

Community FeaturesCurbs, Gutters, Street Lights, Suburban, Sidewalks

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Listing VS Median (in 92115)
Price:
$1,799,999
low | high
Med:
$854,450
100% of Average
sqft:
3,000
low | high
Med:
1,086
100% of Average
$ / sqft:
$600
low | high
Med:
$816
14.008337178717% of Average
On site:
1
low | high
Med:
67
2% of Average
Sourced by Back At You

Market Activity 92115

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Learn More About This Property

Open House
In-Person
11/14 1:00 PM - 3:00 PM
In-Person
11/15 1:00 PM - 3:00 PM
StateCA
CountySan Diego
CitySan Diego
Zip Code92115
Area92115 San Diego
Listing VS Median (in 92115)
Price:
$1,799,999
low | high
Med:
$854,450
100% of Average
sqft:
3,000
low | high
Med:
1,086
100% of Average
$ / sqft:
$600
low | high
Med:
$816
14.008337178717% of Average
On site:
1
low | high
Med:
67
2% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.349M - $2.249M
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
5024 26 54th Street Property Photo 1
$1,799,999
5024 26 54th Street
San Diego, CA 92115
Listing Updated: November 12, 2026 at 3:50:31 PM PST