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5079 55th San Diego, CA 92115
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Key Details
Sold Price $1,603,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,570 sqft
Price per Sqft $623
Subdivision Talmadge
MLS Listing ID 210032913
Sold Date 02/07/22
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1954
Lot Size 5,797 Sqft
Property Description
Pleased to present for sale a student rental property across the street from San Diego State University campus. 5079-81 55th Pl, is comprised of a 4bed/2bath house with a NEW CONSTRUCTION 4bed/2ba ADU in back. Offered at a current 4.5% Cap rate. These units are ready to be rented to students with the potential to bring in $5,000 for the main house and $4,500 for the ADU. The front house has received minor upgrades, but has room for rent growth if the kitchen and bathrooms are remodeled. The ADU construction was completed in 2021 with modern finishes throughout. Properties in this pocket have unequivocal student demand and bring in premium rents. Don't miss this unique opportunity to own 2 houses on 1 lot this close to campus. Equipment: Dryer, Washer Sewer: Sewer Connected
Location
State CA
County San Diego
Area 92115 - San Diego
Rooms
Other Rooms Guest House Detached
Interior
Heating Natural Gas, Radiant
Cooling None
Flooring Wood
Fireplace No
Appliance Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage
Exterior
Parking Features Driveway, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence Electric
Pool None
Roof Type Copper
Porch Deck, None
Total Parking Spaces 6
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
Additional Building Guest House Detached
Others
Senior Community No
Tax ID 4661230200
Acceptable Financing Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Financing Conventional
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Bought with Vani Bobba • Vani Bobba, Broker