Active
5129-31 Leo St
San Diego CA, 92115
$1,799,000
$688.74 per sqft
Active
8 Beds
4 Baths
2,612 sqft
Multi-family
Built in 1954
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 first unit 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.
240022131
MLSⓇ ID
September 18, 2024
Listed
October 12, 2024
Updated
Map
5129-31 Leo St
San Diego CA, 92115
Interior Features
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Appliances
Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
Laundry Description
Unit 1 Hookups, Unit 2 Hookups
Fireplace
No
Cooling
No
Cooling Description
None, Other/Remarks
Heating
No
Exterior/Building Features
Roof
Other
Other Property Details
Area Name
Metro Uptown
Days on Market
24
Garage
Yes
Garage Spaces
1
Parking
Garage
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/12/2024 | Price change | $1,799,000 -3% |
Listed by JLM Real Estate Inc, Daniel A Sipher,
Listing Contact: 408-368-5225
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.
© 2024 San Diego Multiple Listing Service. All rights reserved.
Data last updated 8:41 PM UTC, 10/12/2024