5129-31 Leo St San Diego, CA 92115
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.
- Property TypeSingle Family Home
- NeighborhoodSan Diego
- CountySan Diego
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID Number240022287
- Home Size Source N/A
- Year Built1954
- Lot Size Acres
- Full Baths4
- Partial BathsN/A
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General Features
- Parking Garage Attached
- Parking Garage Spaces 2
- Parkng Non-Garaged Spaces 2
- Sewer Other/Remarks
- Terms CashConventionalExchangeFHAVA
- Stories Other/Remarks
Interior Features
- Additional Rooms N/K
- Cooling Central Forced AirWall/Window
- Heating Other/Remarks
- Equipment Gas OvenCounter Top
Exterior Features
- Water N/KOther/Remarks
- Pool N/K
- Siding Stucco
- Roof Other/Remarks
Community Features
- Sales Restrictions Call Agent
- Age Restrictions N/K
- Laundry Location N/KOther/Remarks
- Neighborhood SDSU/College Area