Single-family home · 2 recorded sales since 2013
Listing Agent: Alexio Barbara (DRE #01992393) · Listing Office: South Coast Commercial, Inc. · Contact: 619-226-6011 · Bought with: Alexio Barbara · South Coast Commercial, Inc. · MLS #220005024SD · Source: CRMLS
Pleased to present for sale a well-located student rental by San Diego State. 6233 Dorothy is a stone's throw from the SDSU Campus in the most desired neighborhood by students. This fully remodeled 8bed/4bath home with PRIVATE POOL rents to a student group for $9,500/month and increases to $9,600 until July 2023. A 4.4% CAP rate on current numbers with mgmt in place! Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired at 6% GSI. Excellent Turn-Key return for an investor with residential financing potential. Equipment: Pool/Spa/Equipment Sewer: Sewer Connected Topography: LL
Listing description from the May 2022 sale, as reported to CRMLS.