Property
Listing Agent: Daniel Sipher (DRE #02043589) · Listing Office: JLM Real Estate Inc. · Contact: 858-336-9688 · Bought with: Austin Ball · Austin Ball, Broker · MLS #240013638SD · Source: CRMLS
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 $4,700 monthly, while the second unit boasts 6 bedrooms and 3 bathrooms, bringing in $6,900 monthly. With its unbeatable location and consistent rental demand, this property promises a steady and lucrative income stream. Current monthly income is $11,600, but with landscaping and some minor cosmetic touches you can achieve $13k+ a month.
Listing description from the July 2024 sale, as reported to CRMLS.