This is an excellent investment opportunity near SDSU, located in a high rental demand area with consistent annual rent increases, where property managers typically secure rents between $1,200-$1,400 per bedroom. This turnkey 7 bed, 3 bath house, remodeled in 2024 with permits, is built to accommodate 7-8 tenants. Additional features consist of mini splits in key areas, maintenance-free landscaping with artificial turf, and an extended driveway for additional parking. This home has been updated with a 200-amp main panel, ABS plumbing, a tankless water heater, double-pane windows, LED recessed lights with dimmers and luxury vinyl plank flooring with a durable 22mil wear layer. The modern kitchen and kitchenette boast LG stainless appliances, beautiful quartz countertops, tile backsplash, sleek electric range and a large island with seating for four. The kitchenette has an additional sink, microwave, and a full size fridge to accomodate a large number of tenants. The property offers backyard canyon views with no rear neighbors, and potential inclusions of outdoor furniture and a 75-inch smart TV to convey. All renovations were done by licensed contractors, ensuring quality workmanship. Several neighborhood properties have added ADUs, and feasibility should be assessed.

Listed by Gregory Jack Cline of Real Broker 4435366071



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Data last update at 2024