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$1,675,000
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Property Description
Introducing 1020-24 15th St, San Diego, CA 92154 - a beautifully renovated, turnkey four-unit multifamily property ideally positioned in the rapidly growing South San Diego / Imperial Beach corridor. This property comprises (2) spacious 2BD/1BA units and (2) well-designed studio units, each offering a highly efficient layout with luxurious modern finishes throughout. Interiors feature custom cabinetry, quartz countertops, stainless steel appliances, in-unit washer and dryers, luxury vinyl plank flooring, and designer lighting-creating a warm, contemporary living environment. Each studio includes an energy-efficient AC mini-split system for year-round comfort and tenant satisfaction. The property also offers low-maintenance landscaping and a newly upgraded 200 AMP electrical panel, ensuring ease of ownership and reduced operating costs. Each unit enjoys its own large private yard, providing valuable outdoor living space ideal for entertaining, relaxing, or pet enjoyment. A full fire sprinkler system further enhances safety and potential insurance savings. Situated on a 6,580 SF lot, 1020-24 15th St combines functionality, privacy, and location in a high-demand rental market with strong military presence. This property qualifies as an ideal FHA or VA purchase, making it a perfect opportunity for owner-occupants or investors seeking long-term income and appreciation potential. One of the lowest-priced turnkey 4-plexes in San Diego, this is an opportunity not to miss.
Full Property Details
Full Property Details for 1020-24 15th St
General
- Price: $1,675,000
- Status: Active
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 260003467
- Updated: 2/12/2026
- Added to Site: 11 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Gated Community
Location
- Area: OTAY MESA (92154)
- County: San Diego
- Subdivision: SAN DIEGO
- Neighborhood: San Diego
- Complex: San Diego
- Driving Directions: From I-5 exit Palm Ave east, left on Saturn Blvd, right on 15th St to 1020 15th St on right.
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Wood/Stucco
- Roof: Composition
- Stories/Levels: 1
- Year Built: 1950
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 6,580
- Lot Size: .17
Financial Considerations
- Operating Expenses: $32,661
- Terms: Cash, Conventional, FHA, VA
Disclosures and Reports
- Property ID: 627-240-53-00
Listed by Starker West, Inc. (858) 867-3732, Seth R Watje and Starker West, Inc. (858) 867-3732, Adam Cairo
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Price & Sales History for 1020-24 15th St
Date
Details
Price
Change
Source
2/11/2026
Listed
$1,675,000
106.79%
MLS
7/02/2024
Sold
$810,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1020-24 15th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,409
1094%
$810,000
1026%
2024
$872
1%
$71,959
2%
2023
$865
2%
$70,549
2%
2022
$848
3%
$69,167
2%
2021
$823
2%
$67,812
1%
2020
$804
—
$67,118
2%
2019
$804
2%
$65,803
2%
2018
$790
2%
$64,514
2%
2017
$774
4%
$63,250
2%
2016
$746
—
$62,011
2%
2015
$745
1%
$61,080
2%
2014
$734
—
$59,885
—
2013
$734
—
$59,615
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1020-24 15th St
1020-24 15th St, San Diego, CA 92154 (MLS# 260003467) is a Multi-Family property with 4 units containing 4 bedrooms and 4 full bathrooms. 1020-24 15th St is currently listed for $1,675,000 and was received on February 11, 2026. Want to learn more about 1020-24 15th St? Do you have questions about finding other Multi-Family real estate for sale in Otay Mesa West? You can browse all Otay Mesa West real estate or contact a Coldwell Banker agent to request more information.
