3153 G St
San Diego CA 92102
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$1,475,000
Status: Active
Property Details
Description
We are pleased to present 3153-55 G Street, a four-unit multifamily investment opportunity in San Diego's Grant Hill neighborhood offering a unique combination of turnkey income and value-add potential. The property features a 4BD/1BA front home with upside to add a second bathroom, two newly constructed 1BD/1BA units (2026) delivered vacant with modern finishes, mini-splits, and brand-new appliances, and a detached 1BD/1BA rear home with a one-car garage and additional rental upside. Additional amenities include two laundry areas, a gated lot, separate gas and electric meters, and a storage shed. Conveniently located just minutes from Downtown San Diego, Balboa Park, and major freeways, the property offers excellent access to employment and amenities. With the two vacant units leased at projected market rents, the property is projected to achieve an estimated 5.53% pro forma cap rate, providing strong day-one cash flow with additional upside through the existing value-add units.
Map Location
Listing Agent Kyle Connor of Compass. Last updated 2026-07-14 08:10:59.000000. Listing information © 2026 CRMLS.
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