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5628 30 Dorothy Dr

San Diego, CA 92115
  • $1,649,000
  • STATUS: Pending
  • ON SITE: 50 Days
  • ID#: 210025381
Pending
UPDATED: 66 min ago
$1,649,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

Pleased to present for sale a student rental property just a short walk to the center of the San Diego State University campus. 5628-30 Dorothy is comprised of a 5bed/2bath house with a 4bed/2ba ADU in back. Offered at a current 5% Cap rate. These units are fully rented through the summer of 2022 to students bringing in $5,300 for the 5bed/2ba main house and $4,400 for the 4bed/2ba ADU in back. The front house has been updated but has room for rent growth if the kitchen and bathrooms are remodeled. The ADU construction was completed in 2020 with modern finishes throughout. Leases are secured by strong parental cosigners. Properties in this pocket have unequivocal student demand and bring in premium rents. Don't miss this unique opportunity to own 2 houses on 1 lot this close to campus. Seller or Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property,zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents*** Unit # for Unit 1: 5628 Unit # for Unit 2: 5630 Number of Furnished Units: 0

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/121153623
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5628 30 Dorothy Dr San Diego, CA 92115

  • Price: $1,649,000
  • Status: Pending
  • Updated: 66 min ago
  • ID#: 210025381
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
92115 - San Diego
County:
San Diego
Area:
92115 - San Diego
Property Description
Pleased to present for sale a student rental property just a short walk to the center of the San Diego State University campus. 5628-30 Dorothy is comprised of a 5bed/2bath house with a 4bed/2ba ADU in back. Offered at a current 5% Cap rate. These units are fully rented through the summer of 2022 to students bringing in $5,300 for the 5bed/2ba main house and $4,400 for the 4bed/2ba ADU in back. The front house has been updated but has room for rent growth if the kitchen and bathrooms are remodeled. The ADU construction was completed in 2020 with modern finishes throughout. Leases are secured by strong parental cosigners. Properties in this pocket have unequivocal student demand and bring in premium rents. Don't miss this unique opportunity to own 2 houses on 1 lot this close to campus. Seller or Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property,zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents*** Unit # for Unit 1: 5628 Unit # for Unit 2: 5630 Number of Furnished Units: 0
Exterior Features

Fencing None Parking Total 0 Roof Composition

Interior Features

Cooling None Cooling YN No

Property Features

Association Fee 0 Cap Rate 5 Gross Scheduled Income 116400 Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 82414 Senior Community YN No Tenant Pays ElectricityGasWater

Listing provided courtesy of Adrian Gonzalez-Pureco of South Coast Commercial, Inc. and Alexio Barbara of South Coast Commercial, Inc.


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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