Home For Sale in San Diego, CA

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Courtesy of Fantastik Realty
MLS: 250026758

Status: Pending
Rebate Available*

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 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!

Listed for $1,575,000

4 bedrooms
1 and 1 half bathrooms
1182 sq. ft
$1332 per sq. ft

Contact
760-295-9023
Balboa Real Estate.
CA DRE LIC# 01971429

Detached home
31 Days on the Market
Built in 1955
1 story
Zoning
Attached Garage 2-Door Parking Type
2 Parking spaces

4,000 to 7,499 sq ft
Age Restrictions: NK
Property Restrictions: None Known
Pets Allowed: Unknown
Sewer: Sewer Connected
Unknown School District*

Features

none cooling

Not Known swimming pool

Other heating

Fees and Assessments

HOA fees: $0, Mello Roos Fees: $0, Other fees: $0

Drive By | Get More Info | Make Appt to View | Make Offer

*Rebate only available when offer is presented by a sdReOffers agent and signed exclusive buyers agreement and you follow the offer submission steps. Amount of Rebate will be presented to you before offer is submitted to seller.

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Call 760-295-9023
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