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5109 Alumni Place, San Diego, CA 92115

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For Sale

$1,069,000

4 beds • 2 baths • 1,388 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • $770.17
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

4 Bed | 2 Bath | Huge Lot | ADU & SB-9 Ready | Turnkey College Area Investment An exciting mid-century single-story gem in San Diego's thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money - contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential-build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes-new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows-this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it's also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego's most in-demand rental corridors. Assumable VA loan with low gap may be available-ask about creative financing options! Whether you're looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!
MLS# 250043846

Courtesy Of Real Broker

(855) 450-0442

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher

Map and Directions

Directions to 5109 Alumni Place, San Diego, CA 92115

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(619) 471-2000
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.