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  • MLS#: 240022131SD ( )
  • Street Address: 5129 Leo St
  • Viewed: 1
  • Price: $1,799,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1954
  • Bldg sqft: 0
  • Days On Market: 140
  • Additional Information
  • County: SAN DIEGO
  • City: San Diego
  • Zipcode: 92115
  • Subdivision: San Diego
  • Provided by: JLM Real Estate Inc
  • Contact: Daniel Daniel
  • DMCA Notice
  • Description
    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 $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.
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Features
Association Fee
  1. 0.00
Cooling
  1. None
  2. See Remarks
Country
  1. US
Days On Market
  1. 26
Levels
  1. Multi/Split
Netoperatingincome
  1. 82915.00
Parcel Number
  1. 4671231000
Park Name
  1. SDSU
Sourcesystemkey
  1. 240022131:SDP
Subdivision Name Other
  1. San Diego
Tenant Pays
  1. See Remarks
Virtual Tour Url
  1. https://www.propertypanorama.com/instaview/snd/240022131
Year Built
  1. 1954