5505 Mary Lane Dr, San Diego, CA 92115
Local realty services provided by:CENTURY 21 Affiliated
Listed by: alexio barbara, adrian gonzalez-pureco
Office: bridgepoint realty inc
MLS#:260022437
Source:San Diego MLS via CRMLS
Price summary
- Price:$3,095,000
- Price per sq. ft.:$798.3
About this home
6% CAP rate WITH MANAGEMENT in place! TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. Extremely rare for properties this close to campus to become available for sale.
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Home facts
- Year built:2023
- Subdivision & Development:College Estates(1260)
- Listing ID #:260022437
- Added:47 day(s) ago
- Updated:October 30, 2026 at 02:35 PM
Rooms and interior
- Bedrooms:14
- Total bathrooms:8
- Full bathrooms:8
- Living area:3,877 sq. ft.
Structure and exterior
- Year built:2023
- Building area:3,877 sq. ft.
- Levels:2 Story
Finances and disclosures
- Price:$3,095,000
- Price per sq. ft.:$798.3
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