7054 Amherst St - Multi-Family FOR SALE


San Diego, CA 92115- Rolando
$1,489,000 USD
513-600-7498
7054 Amherst St, San Diego, CA for Sale
$1,489,000 USD
Multi-Family - FOR SALE
1/50
null | 5% Cap Rate

7054 Amherst St
San Diego, CA 92115
Rolando


OVERVIEW

Incredible fully turnkey duplex near San Diego State with major upgrades throughout, including a back house that was essentially rebuilt from the studs. Property-wide improvements include removal of 45' of cast iron sewer lateral, full system hydro-jetting, old septic tanks professionally filled, new fencing and gates, and refreshed landscaping/hardscaping. Zoning and large lot layout offers potential to add one or more ADUs for additional rental income or long-term value or one to two garages for the new owner.   7054 Amherst – Front House (2 bed / 2 bath, 848 sq ft) Currently rented at $2,880/month with tenants covering SDGE, internet, and landscaping. Features include: * New second bathroom addition * In-unit washer/dryer and new laundry area * Updated kitchen with new dishwasher and disposal * New LVP flooring, paint (interior/exterior), mini split HVAC * Upgraded lighting and hardware throughout * New water heater * Dedicated parking for 2 cars (tandem) 7056 Amherst – Back House (5 bed / 3 bath, 1,708 sq ft) Essentially rebuilt from the studs – a complete reimagining of the structure. Highlights include: * Fully reconfigured layout with new framing, insulation, and drywall * New roof, stucco, windows, doors, and HVAC system * All new kitchen, bathrooms, appliances, and laundry area * Full electrical and plumbing upgrades, including new panel * LVP flooring, lighting, and fixtures throughout * 4 parking spaces (alley access + front tandem) * New rolling gate   This is a fantastic opportunity for an investor or owner-user looking for income and to potential to expand.

FOR SALE DETAILS

PRICE

$1,489,000 USD

PRICE/SF

$583 USD /SF

# OF UNITS

2

PRICE/UNIT

$744,500

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7054-56 Amherst St, San Diego, CA 92115

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

RM 1-1

APN/PARCEL ID

469-050-18-00

ASK ABOUT THIS PROPERTY

Joey BelcastroKW CommercialMore Info
513-600-7498

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Joey BelcastroKW CommercialMore Info
513-600-7498

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.