CA > San Diego
San Diego, CA 92115,5126 Alumni Pl
San Diego, CA 92115,5126 Alumni Pl
San Diego, CA 92115,5126 Alumni Pl
33
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$1,575,000
Est. payment /mo
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4 Beds
2 Baths
1,182 SqFt
Pending

5126 Alumni Pl San Diego, CA 92115

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Damon Cuccia

Damon Cuccia

+1(619) 370-3777

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Pending

Purchase Type For Sale

Square Footage 1,182 sqft

Price per Sqft $1,332

MLS Listing ID 250026758

Style Detached

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1955

Property Sub-Type Detached

Property Description

Prime 2-unit property near SDSU with 2,382 SF, featuring a gut-remodeled front house and a brand-new ground-up ADU, both 4-bed, 2-bath detached units with modern finishes. Missed student rental season (Nov start) due to construction, so currently yielding below-market rents with strong upside. Seller guarantees $11,500/mo for 1 yr, ensuring stable income and DSCR loan options. Property managers can get $11,500 next school year for new owner (see attached rent comps and rent projection). Convert garage to bedrooms or junior ADU for ~$12,900/mo+. Ideal for investors or owner-occupancy in a high-demand location!, this property provides immediate and stable income for the new buyer while securing favorable financing options, including a DSCR loan. Additionally, the newly finished ADU offers flexibility for owner-occupancy or additional rental income. New Housing Laws AB2097, which remove parking requirements and streamline development, makes the garage conversion an easy option. This conversion could significantly boost rental income, making this an even more lucrative investment opportunity. Seize a rare, turnkey SDSU student rental gem!

Location

State CA

County San Diego

Area San Diego (92115)

Rooms

Family Room 24x15

Master Bedroom 14x12

Bedroom 2 12x12

Bedroom 3 12x12

Bedroom 4 10x9

Living Room 0x0

Dining Room 0x0

Kitchen 12x9

Interior

Heating Other/Remarks

Equipment Other/Remarks

Appliance Other/Remarks

Laundry Other/Remarks

Exterior

Exterior Feature Stucco

Parking Features Attached, Garage, Garage - Two Door

Garage Spaces 2.0

Fence Partial

Roof Type Composition

Total Parking Spaces 4

Building

Story 1

Lot Size Range 4000-7499 SF

Sewer Sewer Connected

Water Available

Level or Stories 1 Story

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://www.propertypanorama.com/instaview/snd/250026758

San Diego Regional MLS (SDMLS)
Listed by Robert Brown • Fantastik Realty

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agent

Damon Cuccia

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

+1(619) 370-3777

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5126 Alumni Pl