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5555 Mary Lane Dr, San Diego, CA 92115

Single-family home

5555 Mary Lane Dr, San Diego, CA 92115 Sold February 2023 CRMLS
$1,550,000Sold February 2023

Listing Agent: Sydney Daily (DRE #02132812) · Listing Office: State Houses Real Estate, Inc. · Contact: 925-766-1062 · Bought with: Noel Wheeler · Compass · MLS #220023688SD · Source: CRMLS

8
Bedrooms
4
Bathrooms
2,970
Sq Ft
6,400 sqft
Lot Size
1954
Year Built
Single-family home
Type
1
Stories
0
Garage
Yes
Pool
None
Cooling
ForcedAir, NaturalGas
Heating

About this single-family home

Welcome to 5555 Mary Lane - located on the most desirable street of the San Diego State University rental market. The property is a spacious 8bed/4bath including a permitted new addition. The garage was recently converted as an ADU. This property has an active lease with a student group for $9,200/month and will be marketed for the 23-24 school year to $10,000 come August 2023. The property lies on a massive $6,400 sqft lot with capabilities of building an addition $1,200 sqft ADU in the backyard. Regardless of the future plans, this is investment is sure to lease at the top of the rental market and proven to be one of the first leased in the SDSU market! Current management is at 6% management fee and guarantees high rental rates each year - an easy, stress free investment.

Listing description from the February 2023 sale, as reported to CRMLS.

Sale history

$1,550,000
Sold February 2023 · listed $1,575,000, orig. $1,625,000, on market September 2022 · MLS #220023688SD · Source: CRMLS
Listing Agent: Sydney Daily · Listing Office: State Houses Real Estate, Inc. · Contact: 925-766-1062 · Bought with: Noel Wheeler · Compass
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