6116-18 Dorothy Dr
SOLD
6116 Dorothy Dr
San Diego
$1,415,000
Property Description
We are pleased to present for sale one of the most walkable and centrally located houses by San Diego State. 6116 Dorothy Dr is just a stone's throw from the SDSU Campus, there is typically a waiting list of students hoping to rent this gem each year. The 4bd/2ba house and attached 4bed/2ba ADU in back are rented together as one large 8bed/4bath/2kitchen house to SDSU students - bringing $8500 per month. Properties in this pocket near campus rarely trade because of the unequivocal student demand and the premium rents that they bring. Don't miss this amazing cash flow opportunity that won't last long on the market.
Contact Agent
Alexio Barbara
760-419-1343
Investment Summary
Property Location
SOLD
$1,415,000
Property Type
SFR + ADU
Price/Unit
$737K
Units
Unit Mix
2
4Bd / 2Ba SFR, 4bd / 2ba ADU
Price/Sq Ft
$623
NOI
$71,613
CAP
GRM
Sq Ft
Current
4.9
14.5
Imp
2,367
Year Built
1951
6116 Dorothy Dr
Proforma
5.0
14.1
Land
6,400
