top of page

5079 55th Pl

SOLD

5079 55th Pl

San Diego

$1,649,000

Property Description

Pleased to present for sale a well located student rental by San Diego State. 5079 55th Pl is a stone's throw from the SDSU Campus and Aquaplex. There is typically a waiting list of student groups wanting to rent this gem each year. The Large 4bd/2ba house and detached 4bd/2ba ADU are fully rented to SDSU students bringing in $9,000/month with immediate rental upside to $9,500/mo. This is a great opportunity for a 1031 exchange investor looking for a great return and minimal maintenance. Current management is very effective in negotiating high rental lease rates and is willing to stay on if desired.

Contact Agent

Alexio Barbara

760-419-1343

Investment Summary

Property Location

SOLD

$1,649,000

Property Type

SFR + ADU

Price/Unit

$824K

Units

Unit Mix

2

4Bd / 2Ba SFR, 4bd / 2ba ADU

Price/Sq Ft

$641

NOI

$74,027

CAP

GRM

Sq Ft

Current

4.5

15.3

Imp

2,570

Year Built

1954

5079 55th Pl

Proforma

4.8

14.5

Land

5,800

PDF Download PNG.png

COMPLIMENTARY INVESTMENT CONSULTATION

Call us. We are here to help.

Alexio (760) 419-1343  |  Adrian (858) 735-9977

Keep up to date with our latest off-market listing inventory and relevant San Diego multifamily news.
SCC Lions Web Logo2.png

The representations contained on this internet page are provided based on information deemed reliable. However, the same has not been independently verified. Principals are advised to conduct a thorough due diligence for any potential transaction.

South Coast Commercial, INC DRE# 01846358 | Gonzalez and Barbara Group DRE# 01992393

bottom of page