5348 West Falls View, San Diego, CA 92115
-
Listed Price :
$1,899,000
-
Beds :
10
-
Baths :
7
-
Property Size :
3,200 sqft
-
Year Built :
1952
Property Description
Rental investment opportunity in College West Neighborhood located in SDSU - a prime location for SDSU students. The parcel is comprised of two single-family units, a 6bed/3bath and less than two years old 4bed/2bath ADU. ADU features central heating and air, solar panels that are fully purchased and new irrigation/concrete surrounding the unit to prevent floods or intrusion. The main dwelling has been remodeled and updated to include central heating and air, up to date appliances and flooring. Each unit has their own private yards for students to enjoy privately. Both properties are leased presently and have future leases on file. Future rent comes into affect for both units come June 2024 and will total a new combined rent of $13,800/month. Both homes are professionally managed by State Houses Real Estate. Management typically increases rents between 7-10% every year for consistent increases. Further development may be possible in the back canyon if potential buyer is looking to consider affordable housing options.
Interior Features
| Bedroom Information |
| Bedrooms |
10 |
| Bathroom Information |
| Bathrooms |
7 |
| Interior Information |
| Cooling Type |
Central Air |
Listing Information
| Address |
5348 West Falls View |
| City |
San Diego |
| State |
CA |
| Zip |
92115 |
| County |
San Diego |
| Listing Agent |
Sydney Daily DRE #02132812 |
| Courtesy Of |
State Houses Real Estate, Inc. |
| List Price |
$1,899,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
3,200 |
| Lot Size |
10,714 |
| Year Built |
1952 |
Listing information courtesy of: Sydney Daily, State Houses Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 25th, 2024 at 3:07 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
