Active
5129 31 Leo St
San Diego CA, 92115
$1,799,000
$688.74 per sqft
Active
8 Beds
4 Baths
2,612 sqft
Residential
Built in 1954
Listed by Daniel Sipher with JLM Real Estate Inc 408-368-5225
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.
240022287SD
MLSⓇ ID
September 19, 2024
Listed
October 13, 2024
Updated
Map
5129 31 Leo St
San Diego CA, 92115
Interior Features
Bedrooms
8
Total Bathrooms
4
Full Bathrooms
4
Appliances
Counter Top, Gas Oven
Laundry Description
None, See Remarks
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
Heating
Yes
Heating Description
None, See Remarks
Exterior/Building Features
Roof
See Remarks
Other Property Details
Area Name
92115 - San Diego
Days on Market
23
Garage
Yes
Garage Spaces
2
Parking
Driveway
Parking Total
4
View
No
County
San Diego
Water Source
See Remarks
Pool
No
Pool Features
None
Listing History
Date | Event | Price |
|---|---|---|
10/12/2024 | Price change | $1,799,000 -3% |
Listing Contact: 949-207-8321
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/13/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 10/13/2024 at 11:10 AM UTC