3153 G Street
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3153 G Street

D

San Diego, CA 92102

$1,699,000
NEW — 1d

Beds

Baths

Sqft

2,674

Year Built

1960

Days on Market

1

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

PTP2602880

This property is in San Diego (92102). View neighborhood stats →

About This Property

3153–55 G St – 4-Unit Property Near Downtown San Diego | 2 NEW Permitted Units | 3 Units Vacant Exceptional investment opportunity in the heart of San Diego, just minutes from Downtown. Originally a duplex, this property has been expanded to a 4-unit asset, featuring 2 BRAND-NEW permitted units, with ALLEY ACCESS, and 2 separate laundry areas, offering a rare combination of new construction and value-add potential. The newly built units showcase modern design, open layouts, and updated systems, delivering strong rental appeal and lower maintenance. The original units are not fully renovated, providing investors with the opportunity to add value and increase rents over time. 3 units will be delivered vacant, giving buyers full flexibility to set market rents, house hack, or choose their own tenants. Ideally located near Downtown San Diego, with convenient access to major freeways, employment centers, dining, and entertainment, this property is well-positioned for consistent rental demand and long-term appreciation. Whether you’re seeking a partially turnkey investment with upside or a strong addition to your portfolio, this is a rare opportunity in a high-demand area.

Mortgage Calculator

Est. Monthly Payment

$10,786

Principal & Interest$8,591
Property Tax$1,699
Insurance$496
%($339,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,322
Monthly Cashflow

Rent − PITIA

$-6,464
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,874

Mortgage (P+I)
$8,591
Cap Rate
-0.20%
Cash-on-Cash
-31.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.40
Break-even Rent
$15,847

NOI (Annual)
$-3,395
Price-to-Rent

Lower = better for investors

32.8

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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