CA > San Diego
San Diego, CA 92115,5129 Leo St
San Diego, CA 92115,5129 Leo St
San Diego, CA 92115,5129 Leo St
13
See all 13 photos
$1,749,999
Est. payment /mo
Save Video Tour
8 BD
4 BA
2,612 SqFt
New

5129 Leo St San Diego, CA 92115

Save Video Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Damon Cuccia

Damon Cuccia

+1(619) 370-3777

UPDATED:

11/06/2024 09:19 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,612 sqft

Price per Sqft $669

MLS Listing ID 240026171

Style Detached

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 1954

Property Description

Prime opportunity walking distance from SDSU and generates $11,240 of gross rents! This is a value-add property with the opportunity to increase rents further to $12,000+ per month. Ideally located for off-campus student housing, ensures strong rental demand and high rental income. The front house offers 4 bedrooms and 2 bathrooms, now generating $6,040 monthly, while the second unit (new construction ADU) also boasts 4 bedrooms and 2 bathrooms, bringing in $5,200 monthly. This unit includes paid off Solar. Currently a 5.5% Cap Rate, this property has the ability to maximize rents to a pro forma 5.8% Cap Rate. With its unbeatable location and consistent rental demand, this property promises a steady and lucrative return.

Location

State CA

County San Diego

Area San Diego (92115)

Rooms

Family Room 10x12

Master Bedroom 8x10

Bedroom 2 6x8

Bedroom 3 6x8

Bedroom 4 6x8

Bedroom 5 6x8

Living Room 10x12

Dining Room 10x12

Kitchen 10x12

Interior

Heating Other/Remarks

Cooling Central Forced Air

Equipment Microwave, N/K

Appliance Microwave, N/K

Laundry Other/Remarks

Exterior

Exterior Feature Other/Remarks

Garage Attached

Garage Spaces 2.0

Fence Other/Remarks

Roof Type Other/Remarks

Total Parking Spaces 4

Building

Story 1

Lot Size Range 4000-7499 SF

Sewer Other/Remarks

Water Other/Remarks

Level or Stories 1 Story

Others

Ownership Other/Remarks

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

Special Listing Condition Call Agent

San Diego Regional MLS (SDMLS)
Listed by Daniel A Sipher • JLM Real Estate Inc

GET MORE INFORMATION

Damon Cuccia

Broker Associate, REALTOR®, ABR, MRP | License ID: 01422266

+1(619) 370-3777

Name
Phone
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.

Go tour this home

5129 Leo St