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Listed by Matt Pivetti • Real Broker
$ 1,595,000
Est. payment /mo
New
5091 Alumni Place San Diego, CA 92115
2,989 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,989 sqft
Price per Sqft $533
MLS Listing ID 8N-2510776
Year Built 1977
Lot Size 7,405 Sqft
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity near SDSU! Ideally located within walking distance to the university and trolley station, this licensed, move-in–ready multi-level property is perfectly suited for investment or specialized housing use. Home was generating over $300k in annual revenue. Originally configured as 8 beds / 5 baths per tax records, the home currently offers 11 bedrooms and 6 bathrooms, including three private-entry suites that provide flexible living arrangements and strong income potential. The spacious layout supports multiple living zones, ideal for co-habitation, student housing, sober/rehab housing, or a small residential care setup (buyer to verify). Owned solar helps to minimize expenses. The home offers a functional interior footprint with generous common areas and multiple bedroom configurations to accommodate occupants comfortably. Exterior spaces allow for gathering, parking needs, and operational flexibility. This is an exceptionally located property with strong rental demand, sitting just minutes from SDSU, Alvarado Hospital, shops, freeway access, and public transportation. Whether operated for student housing, co-living, halfway/sober housing, traveling nursing, transitional housing or as a high-yield rental, this asset offers abundant upside for the right operator.
Location
State CA
County San Diego
Area 92115 - San Diego
Zoning R-1:SINGLE FAM-RES
Interior
Laundry Gas & Electric Dryer Hookup, In Garage, Washer Hookup
Exterior
Garage Spaces 2.0
Pool None
Community Features Suburban
View Y/N No
Building
Lot Description Sloped Down, 0-1 Unit/Acre
Sewer Public Sewer
Others
Virtual Tour https://tours.previewfirst.com/ml/156243