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For SaleLuxury

$1,895,000

256 days on market

5191 Alumni Pl PL

San Diego, CA 92115

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1987

Built

Listing narrative

Description

Turn Key student rental property with a rent guarantee through August 2027 for $13,000 per month at a 5.8% CAP RATE WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 6bed/3ba, ADU in front is a 4bed/2ba. Units share access to the pool and deck with views overlooking the canyon. All market rate no deed restrictions! Located a short drive to SDSU campus surrounded by high demand student rentals. This property usually rents many months in advance each year due to the beautiful finishes through out and the large pool with views - a unique amenity that students search for in SoCal. Units have in-unit washer dryers, full kitchens, private entrances, and ample street parking.

Listing agent (MLS): Alexio Barbara · Listing brokerage (MLS): Bridgepoint Realty Inc

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,895,000

Beds

Beds n/a

Type

House

Home Size

Sqft n/a

Baths

Baths n/a

Year

1987

Status

For Sale

Days on Market

256

· 8% down, 7% APR, 30yr fixed
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Courtesy of Bridgepoint Realty Inc