Property Description
Prime Value-Add opportunity walking distance from SDSU! This property, ideally located for off-campus student housing, ensures strong rental demand and high rental income. The first unit offers 4 bedrooms and 2 bathrooms, generating $5,300 monthly, while the second unit (which is a new construction ADU) boasts 4 bedrooms and 2 bathrooms, bringing in $5,200 monthly. This ADU also has Solar which is fully paid off. With its unbeatable location and consistent rental demand, this property promises a steady and lucrative income stream. Currently, the property generates $10,500 in monthly income, but with updates to the front house, it has the potential to exceed $11,600 per month.
Features
: None, Other/Remarks
: Other
: Patio
: Garage
: Unit 1 Hookups, Unit 2 Hookups
Appliances
: Dishwasher, Range/Oven, Refrigerator, Washer, Dryer
Address Map
US
CA
SD
San Diego
San Diego
92115
Leo St
5129-31
W118° 56' 34.7''
N32° 46' 17.2''
Metro Uptown
Additional Info
JLM Real Estate Inc
Additional Information
2
: Other/Remarks
1
: Stucco, Other
Listing Information
705092
991580
ACTIVE
2024-09-18T22:24:24Z
sdmls
: Call Agent
Residential Income
5129-31 Leo St, San Diego Ca 92115
8 Bedrooms
4 Bathrooms
2,612
$1,849,000
Listing ID #240022131
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240022131
Price : $1,849,000
Bedrooms : 8
Bathrooms : 4
Square Footage : 2,612
Year Built : 1954
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Other
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