$1,849,000
Beds: 8
Baths: 4
Sqft: 2,612
Just Listed -

Courtesy of JLM Real Estate Inc.

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Status: Active
Property Type: Detached
Year Built: 1954
Neighborhood: Sdsu/college Area
Days On Website: 5
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.

Features

Bathrooms

  • 4 full bathrooms
  • 4 total bathrooms

Bedrooms

  • 8 bedrooms
  • 8 total bedrooms

Second Bedroom

  • 6x8 square feet

Third Bedroom

  • 6x8 square feet

Fourth Bedroom

  • 6x8 square feet

Fifth Bedroom

  • 6x8 square feet

Building

  • 2,612 estimated square feet
  • Source: Assessor Record
  • Built in 1954
  • other/remarks

Cooling

  • Central Forced Air
  • Wall/Window

Dining Room

  • 10x12 square feet

Exterior Features

  • Stucco

Family Room

  • 10x12 square feet

Water Features

  • Other/Remarks

Heating

  • Other/Remarks

Kitchen

  • Kitchen is 10x10 feet

Laundry

  • Other/Remarks
  • Other/Remarks

Listing

  • Source: SDMLS
  • For Sale
  • 4 days on market
  • Listed on 2024-09-19

Location

  • Community: San Diego
  • County: San Diego

Lot

  • 4,000-7,499 SF

Living Room

  • 10x12 square feet

Primary Bedroom

  • 8x10 square feet

Garage

  • 2 garage parking spaces
  • Attached

Parking

  • 2 non-garage parking spaces
  • 4 total parking spaces
  • Non-Garage Parking: Driveway

Roof

  • Other/Remarks

Sewer

  • Other/Remarks

Property Map

Map View

$1,849,000 - 5129-31 Leo St, San Diego, CA 92115

Street View

Directions

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

Nearby Schools

Local Sales

Photo of Kurt Steffien

Kurt Steffien

Franchise Owner/ Broker of Record

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