
San Diego, California 92102
Analysis of 3153 55 G Street, San Diego, California 92102 is currently available with a list price of $1,699,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Diego Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property features two brand-new permitted units and significant renovations to the existing structures. Interior photos show mint-condition kitchens with white shaker cabinets, stone countertops, and new stainless steel appliances (some still with protective film). Bathrooms are fully modernized with new tile and fixtures. The presence of mini-split HVAC systems and updated electrical indicates the systems are new or recently upgraded, fitting the <5-year renovation criteria.
The inclusion of two brand-new, permitted units with modern designs and updated systems significantly reduces immediate maintenance needs while commanding premium market rents.
With three units delivered vacant, buyers have the rare opportunity to immediately set market-rate rents or pursue a house-hacking strategy without the constraints of existing leases.
Located just minutes from Downtown San Diego with excellent freeway access, the property is perfectly positioned to capture high tenant demand from the city's primary employment centers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2674, other record living area = 1886.
The original units have not been fully renovated, requiring additional capital expenditure to modernize the interiors and achieve a uniform, high-end rental standard across the asset.
The majority of the assigned and nearby schools carry lower performance ratings, which may limit the property's appeal to long-term family tenants and impact future resale value.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,674 | 1,440 | 67% |
| Lot Size | 7,502 | 7,502 | 50% |
| Price | $1.70M | $890.0K | 67% |
| Price per sq ft | $635 | $618 | 67% |
| Built year | 1960 | 1957 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 236 | 33% |
Apr 17, 2026
$1,699,000
Initial Listing
Apr 1, 2021
$725,000
Public Record