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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Divine Fog Realty San Diego

Divine Fog Realty San Diego

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

8 Beds

4 Baths

2,612 SqFt


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

8 Beds

4 Baths

2,612 SqFt

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

California Regional MLS (CRMLS)
Listed by Daniel Sipher • JLM Real Estate Inc
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5129 31 Leo St