San Diego, CA 92115,5126 Alumni Pl
San Diego, CA 92115,5126 Alumni Pl
San Diego, CA 92115,5126 Alumni Pl
33
$1,560,000
$1,575,000
1.0%
Est.Price: ?

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4 BD
1.5 BA
1,182 SqFt

5126 Alumni Pl San Diego, CA 92115

Est. payment /mo
SOLD DATE : 06/10/2025

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Key Details

Sold Price $1,560,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,182 sqft

Price per Sqft $1,319

Subdivision College Park (Cp)

MLS Listing ID 250026758

Bedrooms 4

Full Baths 1

Half Baths 1

Year Built 1955

Property Sub-Type Detached

Property Description

Prime 2-unit property near SDSU with 2,382 SF, featuring a gut-remodeled front house and a brand-new ground-up ADU, both 4-bed, 2-bath detached units with modern finishes. Missed student rental season (Nov start) due to construction, so currently yielding below-market rents with strong upside. Seller guarantees $11,500/mo for 1 yr, ensuring stable income and DSCR loan options. Property managers can get $11,500 next school year for new owner (see attached rent comps and rent projection). Convert garage to bedrooms or junior ADU for ~$12,900/mo+. Ideal for investors or owner-occupancy in a high-demand location!, this property provides immediate and stable income for the new buyer while securing favorable financing options, including a DSCR loan. Additionally, the newly finished ADU offers flexibility for owner-occupancy or additional rental income. New Housing Laws AB2097, which remove parking requirements and streamline development, makes the garage conversion an easy option. This conversion could significantly boost rental income, making this an even more lucrative investment opportunity. Seize a rare, turnkey SDSU student rental gem!

Location

State CA

County San Diego

Area Metro Uptown

Interior

Heating Other/Remarks

Laundry Other/Remarks

Exterior

Parking Features Attached, Garage, Garage - Two Door

Garage Spaces 2.0

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 1

Sewer Sewer Connected

Water Available

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MLS Router / San Diego MLS
Listed by Robert Brown Fantastik Realty
Bought with Robert Brown Fantastik Realty

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Sara Driscoll

Sara Driscoll

Broker Associate | CA DRE#00988097

+1(858) 336-5643

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