5129 31 Leo St, San Diego, CA 92115
-
Listed Price :
$1,849,000
-
Beds :
8
-
Baths :
4
-
Property Size :
2,612 sqft
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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 front house 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.
Interior Features
| Laundry Information |
| Location(s) |
None, See Remarks |
| Bedroom Information |
| Bedrooms |
8 |
| Bathroom Information |
| Bathrooms |
4 |
| Interior Information |
| Cooling Type |
Central Air, Wall/Window Unit(s) |
Listing Information
| Address |
5129 31 Leo St |
| City |
San Diego |
| State |
CA |
| Zip |
92115 |
| County |
San Diego |
| Listing Agent |
Daniel Sipher DRE #02043589 |
| Courtesy Of |
JLM Real Estate Inc |
| List Price |
$1,849,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
2,612 |
| Lot Size |
N/A |
| Year Built |
1954 |
Listing information courtesy of: Daniel Sipher, JLM Real Estate Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 21st, 2024 at 12:58 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
