San Diego, CA 92115,5129-31 Leo St
San Diego, CA 92115,5129-31 Leo St
San Diego, CA 92115,5129-31 Leo St
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

1,412 SqFt


$ 1,799,000
Est. payment | /mo

8 Beds

4 Baths

1,412 SqFt

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,412 sqft

Price per Sqft $1,274

Subdivision San Diego

MLS Listing ID 240022131

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 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.

Location

State CA

County San Diego

Community San Diego

Area San Diego (92115)

Building/Complex Name SDSU

Interior

Cooling N/K, Other/Remarks

Exterior

Exterior Feature Stucco, Other/Remarks

Garage Spaces 1.0

Fence Other/Remarks

Roof Type Other/Remarks

Building

Lot Size Range 4000-7499 SF

Level or Stories Other/Remarks

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $5,300

Listing Terms Cash, Conventional, Exchange, FHA, VA

Special Listing Condition Call Agent

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

+1(858) 449-1101

theresa@octagonre.com

1420 Kettner Blvd, Suite 100, Diego, CA, 92101, United States

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5129-31 Leo St