5129-31 Leo St, San Diego, CA, 92115

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$1,799,000
24 Days Online

5129-31 Leo St
San Diego, CA 92115

For Sale|Residential Income|Active
8
Beds
4
Full Baths
0
Partial Baths
2,612
SqFt
$689
/SqFt
1954
Built
Subdivision:
SDSU
County:
San Diego
Listed by Daniel A Sipher of JLM Real Estate Inc 4083685225

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

5129-31  Leo St5129-31  Leo St5129-31  Leo St5129-31  Leo St
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Prime Value-Add opportunity walking distance from SDSU! This property, ideally located for off-campus student housing, ensures strong rental demand and high rental income. The first unit offers 4 bedrooms and 2 bathrooms, generating $5,300 monthly, while the second unit (which is a new construction ADU) boasts 4 bedrooms and 2 bathrooms, bringing in $5,200 monthly. This ADU also has Solar which is fully paid off. With its unbeatable location and consistent rental demand, this property promises a steady and lucrative income stream. Currently, the property generates $10,500 in monthly income, but with updates to the front house, it has the potential to exceed $11,600 per month.

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Listing Snapshot
Price 
$1,799,000
Days Online 
24 Days
Bedrooms 
8
Inside Area (SqFt) 
2,612 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1954
MLS® Number 
240022131
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $1,799,000
3 weeks agoListing first seen online
a month agoListing updated with changes from the MLS®
General Features
SqFt Total 
2612
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Exterior Features
Construction Details 
Stucco
Listed by Daniel A Sipher of JLM Real Estate Inc 4083685225



This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2024 San Diego MLS®.

Data last update at 2024

Neighborhood & Commute
Source: Walkscore
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