Residential Income For Sale – – – – Price $1,799,000 – 240022131
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
: Other/remarks
Address Map
US
California
San Diego
San Diego
92115
Leo St
5129-31
W118° 56' 34.8''
N32° 46' 17.3''
Neighborhood
Neighborhood
Additional Information
24
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Daniel
Sipher
JLM Real Estate Inc
$0
$0
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4,000-7,499 sf
Sdsu
San diego
Fallbrook union elementary distr
: Other/remarks
Fallbrook union elementary distr
Fallbrook union high school dist

Residential Income For Sale

5129-31 Leo St, San Diego, California 92115

$1,799,000
Listing ID #240022131
Basic Details
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.

Status : Active
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240022131
Price : $1,799,000
Year Built : 1954
Style : Res income 2-4 units
Unit 1 # Bedrooms : 4
Unit 2 # Bedrooms : 4
Unit 1 # Total Baths : 2
Unit 2 # Total Baths : 2
Unit 1 # of Full Baths : 2
Unit 2 # of Full Baths : 2
Unit 1 Estimated SqFt : 1,412 Sqft
Unit 2 Estimated SqFt : 1,200 Sqft
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
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