$1,595,000
Est. payment /mo
11 Beds
7,405 Sqft Lot
New
5091 Alumni Place San Diego, CA 92115
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2510776
Bedrooms 11
Lot Size 7,405 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-inready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6 bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.
Location
State CA
County San Diego
Direction Google Maps, Apple Maps, Yahoo Maps, MapQuest if that's still in business. I trust your skills to find it, but if all else fails
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 4672501700
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Virtual Tour https://tours.previewfirst.com/pw/156243
Listed by Matt Pivetti Real Broker
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