5129-31 Leo St Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $688
Subdivision San Diego
MLS Listing ID 240022287
Style Detached
Bedrooms 8
Full Baths 4
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.
Location
State CA
County San Diego
Community San Diego
Area San Diego (92115)
Rooms
Family Room 10x12
Dining Room 10x12
Kitchen 10x10
Interior
Heating Other/Remarks
Cooling Central Forced Air,Wall/Window
Equipment Gas Oven,Counter Top
Laundry N/K,Other/Remarks
Exterior
Exterior Feature Stucco
Garage Attached
Garage Spaces 2.0
Roof Type Other/Remarks
Building
Sewer Other/Remarks
Water N/K,Other/Remarks
Others
Acceptable Financing Cash,Conventional,Exchange,FHA,VA
Listing Terms Cash,Conventional,Exchange,FHA,VA
Special Listing Condition Call Agent