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listing
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Residential IncomeFor Sale
$1,799,000
5129 31 Leo St
San Diego, CA 92115
Listed by Daniel Sipher DRE#02043589 [email protected] JLM Real Estate Inc
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$9,386/mo

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.

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Information courtesy of JLM Real Estate Inc is subject to verification and is not guaranteed.
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