5129-31 Leo St Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,412 sqft
Price per Sqft $1,274
Subdivision San Diego
MLS Listing ID 240022131
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1954
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.
Location
State CA
County San Diego
Community San Diego
Area San Diego (92115)
Building/Complex Name SDSU
Interior
Cooling N/K,Other/Remarks
Exterior
Exterior Feature Stucco,Other/Remarks
Garage Spaces 1.0
Fence Other/Remarks
Roof Type Other/Remarks
Building
Lot Size Range 4000-7499 SF
Level or Stories Other/Remarks
Others
Acceptable Financing Cash,Conventional,Exchange,FHA,VA
Space Rent $5,300
Listing Terms Cash,Conventional,Exchange,FHA,VA
Special Listing Condition Call Agent