1877 Donax Avenue, San Diego, California 92154, San Diego, 92154 - 0 bed, 0 bath
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San Diego, California 92154
This turnkey triplex represents a High-Potential Investment Opportunity, listed at a List Price of $999,999—positioned well below the $1,018,571 Fair Market Value by 1.8%. With an Excellent Condition Rating following extensive renovations, this asset offers $18,572 in Instant Equity. Featuring 10 off-street parking spaces and a 10,890 sqft lot with 8-unit development potential, this property is a prime choice for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income and long-term growth in a high-demand San Diego market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1877 Donax Avenue Subject | $999,999* List Price | 0 | 0 | 2,400 | $424 | - |
A 1641 43 Donax Avenue Sold | $1,200,000 | 6 | 3 | 2,800 | $429 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation (likely <5 years) including a new roof, new windows, new flooring, and modern kitchen updates with new countertops and cabinetry. Despite being built in 2000, the comprehensive upgrades and turnkey condition meet the criteria for excellent.
The property has been comprehensively updated with a new roof, windows, flooring, and modern interior finishes, allowing for immediate occupancy with minimal capital expenditure.
Situated on a large 10,890 sqft lot, the property offers the rare opportunity to potentially develop 8+ units, providing substantial upside for investors and developers.
The inclusion of 10 off-street parking spaces and separate meters for gas, electric, and water is a major competitive advantage that simplifies management and attracts high-quality tenants.
The property was recently sold within the past year on 2025-06-27. The sold price is $1,185,000.00.
The local elementary and middle schools carry low ratings (2/10 and 3/10), which may limit the property's appeal to families seeking long-term residency.
With only one bathroom per unit and 800 square feet of living space, the layouts may be perceived as restrictive for larger households, potentially capping rental premiums.
Turnkey triplex featuring three spacious 2 bedroom, 1 bath units (800sq ft per unit) with separate gas, electric, and water meters. Ideally located just minutes from major freeways, shopping, dining, and everyday conveniences. Extensively upgraded with a new roof, new windows, new flooring, fresh interior and exterior paint, new countertops, updated cabinetry, new light fixtures, resurfaced parking lot, new fencing, and more. Each unit offers a private patio, washer/dryer hookups, and ample privacy. The property also boasts approximately 10 off street parking spaces an increasingly rare amenity in today’s rental market. All units are vacant, providing immediate flexibility for investors, owner-occupants, or developers. Generate strong rental income from day one or explore the potential to develop 8+ units (buyer to verify with city). Opportunities like this are hard to find, updated, income-producing, and positioned for future growth. Call today for financials, development information, and a private tour.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 2,400 | 2,600 | 50% |
| Lot Size | 10,890 | 10,672.2 | 50% |
| Price | $1000.0K | $1.10M | 50% |
| Price per sq ft | $417 | $423 | 50% |
| Built year | 2000 | 1981 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 37 | 50% |
Jun 4, 2026
$999,999
Initial Listing
Jun 27, 2025
$1,185,000
Public Record