Property Detail

5129 Leo St

San Diego CA 92115

$1,849,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Daniel Sipher of JLM Real Estate Inc. Last updated 2024-09-20 08:27:02.000000. Listing information © 2024 CRMLS.

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