5129 Leo St
San Diego, CA 92115
2612 sqft | 8 beds | 4 baths | #240022287SD
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.
Interior Details
- Bedrooms8
- Bathrooms4
- Full Baths4
Property Details
- Square Feet2612
Parking
- Parking Spaces2
Construction Details
- Property TypePurchase
Condition
- Year Built1954
Utilities / Energy Details
- Utility SourceSeeRemarks
- Utility FeaturesSeeRemarks
Community and Neighborhood Details
- SubdivisionSan Diego
Location
- CountySan Diego
Financial Details
- Original List Price$1,849,000
Other
- MLS #240022287SD
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Daniel Sipher (#SAND-705092)
Listing Office: JLM Real Estate Inc (#SAND-991580)
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