Current 5.3% CAP rate with management in place! Pleased to present for sale a student rental just a stone’s throw to San Diego State University. This fully remodeled 5bed/2bath home and 3bed/1ba ADU to two student groups for a combined $8,700/month through July 2023. Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired. They expect to prelease for the 23-24 school year in coming months at $9,000+ per month (5.6% CAP rate!). Excellent Turn-Key return for an investor!
Date Added: 9/26/22 at 5:00 am
Last Update: 10/26/22 at 5:38 am
Interior
- General2 Staircases, Kitchen Island
- LaundryCloset Stacked, Inside
- FlooringWood
- A/CAttic Fan
- HeatingWall/ Gravity, Natural Gas
- FireplaceFP in Family Room, Bonus Room, Fireplaces: 2
Exterior
- GeneralStucco, Wood/ Stucco
- PoolNone
- ParkingDriveway, Parking spaces: 4
Construction
- RoofingAsphalt, Shingle
- General1 Story
Location
- HOAYes
- HOA Amenities0.0
Lot
- TopographyLevel
- Zoning467-311-07-00
- FencingGate, Wood
- RestrictionsNone Known
- ViewValley/ Canyon
Utilities
- UtilitiesSewer Connected
- WaterMeter on Property
- SewerSewer Connected
Financial
- SourceSDMLS, SDMLS
- OwnershipFee Simple
Schools
- DistrictSan Diego City Unified School District
Virtual Tour
powered by 
What's Nearby?
Restaurants
- Eureka! (0.4 mi)
433 reviews - Diamond Palace (1.54 mi)112 reviews
- Del's Hideout (1.41 mi)
711 reviews
Coffee Shops
- Living Room Coffeehouse (0.57 mi)1003 reviews
- Scrimshaw Coffee (0.8 mi)269 reviews
- Ultreya Coffee and Tea (0.34 mi)175 reviews
Grocery
- Vons (0.45 mi)
178 reviews - Ralphs (0.71 mi)
115 reviews - World Food Supermarket (1.24 mi)
64 reviews
Education
- The Language Academy (0.26 mi)8 reviews
- The Marsha Fuerst School Of Nursing (0.13 mi)
9 reviews - Rolando Elementary School (1.09 mi)3 reviews
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non- commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Login with Google