5129 31 Leo St Active Save Request In-Person Tour Request Virtual Tour
San Diego,CA 92115
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,612 sqft
Price per Sqft $688
Subdivision San Diego
MLS Listing ID 240022287SD
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 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.
Location
State CA
County San Diego
Area 92115 - San Diego
Rooms
Ensuite Laundry None,See Remarks
Interior
Laundry Location None,See Remarks
Heating None,See Remarks
Cooling Central Air,Wall/Window Unit(s)
Fireplace No
Appliance Counter Top,Gas Oven
Laundry None,See Remarks
Exterior
Garage Driveway
Garage Spaces 2.0
Garage Description 2.0
Fence None
Pool None
Utilities Available See Remarks
View Y/N No
Roof Type See Remarks
Parking Type Driveway
Attached Garage Yes
Total Parking Spaces 4
Private Pool No
Building
Story Multi/Split
Entry Level Multi/Split
Water See Remarks
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4671231000
Acceptable Financing Cash,Conventional,1031 Exchange,FHA,VA Loan
Listing Terms Cash,Conventional,1031 Exchange,FHA,VA Loan