Properties

San Diego, CA 92154 1016 15Th St

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Presented By: Seth Watje with Starker West, Inc.;
  • MLS# 2600935SD
  • 01/07/2026
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  • Baths • 1

Home Details

Renovated four-unit property in the rapidly growing South San Diego / Imperial Beach corridor, featuring (2) spacious 2BD/1BA units and (2) well-designed studio units with efficient layouts and high-end modern finishes. Interiors include custom cabinetry, quartz countertops, stainless steel appliances, in-unit washer/dryers, luxury vinyl plank flooring, and designer lighting, while the studios offer energy-efficient mini-split AC systems for year-round comfort. A standout feature is that each unit enjoys its own large private yardโ€”an uncommon and highly desirable amenity that enhances tenant appeal, supports premium rents, and provides true indoor-outdoor living for entertaining, pets, or relaxation. The property also offers low-maintenance landscaping, a newly upgraded 200 AMP electrical panel, and a full fire sprinkler system for added safety and potential insurance savings. Situated on a 6,580 SF lot in a strong rental market with a heavy military presence, this asset is ideal for FHA or VA buyers and investors alike and represents one of the lowest-priced turnkey fourplex opportunities in San Diego with immediate income and long-term upside.
Presented By: Seth Watje with Starker West, Inc.;

Interior Features for 1016 15Th St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Heating Y/NYes
Total Stories1

General for 1016 15Th St

Cap Rate4.5
CitySan Diego
Community FeaturesGated
CoolingNone
CountySan Diego
DirectionsUse GPS CrossStreet: .
HOA Fee$
LevelsOne
Listing TermsCash, Conventional, FHA, VA Loan
Lot Size Square Feet7257
Lot Size UnitsSquare Feet
MLS Area92154 - Otay Mesa
Net Operating Income74660
Number Of Units Total2
PostalCitySAN DIEGO
Property TypeResidential Income
RoofComposition
Security FeaturesGated Community
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameImperial Beach
Tenant PaysElectricity, Gas
Virtual TourClick here
Year Built1950

Exterior for 1016 15Th St

FencingNone
Lot Size Acres0.1666
Lot Size Area7257
Lot Size SourceAssessor
Number of Buildings1
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,662,000
MLS#2600935SD
List Date 01/07/2026
Property Type Multi-Family
Phone 888.795.6274
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