5129-31 Leo St, San Diego CA 92115 | $1,849,000
Listing provided courtesy of Daniel Sipher of JLM Real Estate Inc. Last updated 2024-09-21 09:02:01.000000. Listing information © 2024 SANDICOR.
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.
More Details
2 Car Garage
Master Bedroom: 8x10
Bedroom: 6x8
Bedroom: 6x8
Bedroom: 6x8
Bedroom: 6x8
Dining Room: 10x12
Family Room: 10x12
Kitchen: 10x10
Living Room: 10x12
