5505 Mary Lane Dr, San Diego, CA 92115
5505 Mary Lane Dr, San Diego, CA 92115
5505 Mary Lane Dr, San Diego, CA 92115
5505 Mary Lane Dr, San Diego, CA 92115
5505 Mary Lane Dr, San Diego, CA 92115
5505 Mary Lane Dr, San Diego, CA 92115
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Sandra Acra

Sandra Acra

+1(858) 519-2019
$ 3,095,000
Est. payment | /mo

14 Beds

8 Baths

6,748 Sqft Lot

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$ 3,095,000
Est. payment | /mo
Save Virtual Tour

14 Beds

8 Baths

6,748 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision College Estates(1260)

MLS Listing ID 260022437

Bedrooms 14

Full Baths 8

Year Built 2023

Lot Size 6,748 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

6% CAP rate WITH MANAGEMENT in place! TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. Extremely rare for properties this close to campus to become available for sale.

Location

State CA

County San Diego

Area Metro Uptown

Interior

Fireplace No

Exterior

Fence Other/Remarks

View Y/N No

Roof Type Other/Remarks

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4661501100

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260022437

MLS Router / San Diego MLS
Listed by Alexio Barbara, DRE#01992393 Bridgepoint Realty Inc 
Co-listed byAdrian Gonzalez-Pureco • Bridgepoint Realty Inc

Schools and Properties Nearby

Sandra Acra

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(858) 519-2019

sandraacra@gmail.com

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5505 Mary Lane Dr