Property listed by Fantastik Realty, Robert Brown 858-397-3108
5126 Alumni Pl
San Diego, CA 92115
Beds
4
Baths
2
Square Ft.
1,182
$1,575,000
Prime 2-unit property near SDSU with 2,382 SF, featuring a gut-remodeled front house and a brand-new ground-up ADU, both 4-bed, 2-bath detached units with modern finishes. Missed student rental season (Nov start) due to construction, so currently yielding below-market rents with strong upside. Seller guarantees $11,500/mo for 1 yr, ensuring… Read More stable income and DSCR loan options. Property managers can get $11,500 next school year for new owner (see attached rent comps and rent projection). Convert garage to bedrooms or junior ADU for ~$12,900/mo+. Ideal for investors or owner-occupancy in a high-demand location!, this property provides immediate and stable income for the new buyer while securing favorable financing options, including a DSCR loan. Additionally, the newly finished ADU offers flexibility for owner-occupancy or additional rental income. New Housing Laws AB2097, which remove parking requirements and streamline development, makes the garage conversion an easy option. This conversion could significantly boost rental income, making this an even more lucrative investment opportunity. Seize a rare, turnkey SDSU student rental gem! Read Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
1
Partial Baths
1
Square Ft.
1,182
Year Built
1955
MLS Number
250026758SD
30 Days Snapshot Of 92115
$859k
+3%
(avg) sold price
27
-22%
homes sold
56
-11%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1955, Levels: One, Living area: 1182, 1 story, Construction materials: Stucco
Cooling
None
Fence
Partial
Garage
2 spaces
Heating
SeeRemarks
Laundry
SeeRemarks
Parking
2 open parking spaces, 4 totals parking, Concrete, DoorMulti, Garage
Pool
None
Roof
Composition
Utilities
WaterAvailable
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
