San Diego, CA 92115,5129-31 Leo St
San Diego, CA 92115,5129-31 Leo St
San Diego, CA 92115,5129-31 Leo St
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$1,799,000
Est. payment /mo
8 Beds
4 Baths
2,612 SqFt

UPDATED:

10/12/2024 08:20 PM

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

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 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

Master Bedroom 8x10

Bedroom 2 6x8

Bedroom 3 6x8

Bedroom 4 6x8

Bedroom 5 6x8

Living Room 10x12

Dining Room 10x12

Kitchen 10x10

Interior

Heating Other/Remarks

Cooling Central Forced Air, Wall/Window

Equipment Gas Oven, Counter Top

Appliance Gas Oven, Counter Top

Laundry N/K, Other/Remarks

Exterior

Exterior Feature Stucco

Garage Attached

Garage Spaces 2.0

Roof Type Other/Remarks

Total Parking Spaces 4

Building

Lot Size Range 4000-7499 SF

Sewer Other/Remarks

Water N/K, Other/Remarks

Level or Stories Other/Remarks

Others

Ownership Other/Remarks

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Special Listing Condition Call Agent


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San Diego Regional MLS (SDMLS)
Listed by Daniel A Sipher • JLM Real Estate Inc

Glen Henderson

Broker Associate | License ID: 01384181

+1(619) 500-3222

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