1020-24 15th, Otay Mesa, CA 92154

$1,585,000
4
BD
4
BA

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List Price
$1,585,000
Days on Market
2
Status
ACTIVE
MLS#
260019367
Bedrooms
4
Bathrooms
4
Lot Size(apprx.)
6,580
City
Otay Mesa
Neighborhood
San Diego
Complex/Building Name
San Diego
Property Type
Multifamily
Year Built
2024

Property Description

Turnkey 4-unit investment opportunity in the growing South San Diego/Imperial Beach corridor. The property consists of (2) 2BD/1BA units and (2) studio units, all extensively renovated with quartz countertops, custom cabinetry, stainless steel appliances, luxury vinyl plank flooring, designer lighting, in-unit washers and dryers, and energy-efficient mini-split A/C systems in the studios. Each unit features its own large private yard, a rare amenity that provides exceptional outdoor living space for entertaining, relaxing, or pets. Recent improvements include a new 200-amp electrical panel, full fire sprinkler system, and low-maintenance landscaping. Situated on a 6,580 SF lot with convenient access to military bases, shopping, employment centers, and major freeways, the property offers strong rental demand. Ideal for investors seeking a turnkey asset or owner-occupants utilizing FHA or VA financing while offsetting housing costs with rental income. A rare opportunity to acquire a fully renovated four-unit property in one of South San Diego's strongest rental markets.

Additional Information

Building Name
San Diego
Cooling
None
Lot Size
6,580
Neighborhood
San Diego
Roof
Composition
Tenant Pays
Sewer, Trash, Water, Electricity, Gas/Propane
Year Built
2024

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Seth R Watje (619-358-3748) from Listing Office: Starker West, Inc..

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