5129-31 Leo St San Diego , CA 92115

Courtesy of JLM Real Estate Inc.

Description

8 Beds
4 Baths
2,612 Sqft
Status: Active
Property Type: Detached
Year Built: 1954
Neighborhood: Sdsu/college Area
Days on Website: 11
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.

Open House

Property Details and Features

Contact an Agent

Colleen K. Cotter

619 804-6840

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