5129 Leo St

San Diego, CA 92115
$1,799,000
2612 sqft | 8 beds | 4 baths | #240022287SD
Courtesy of JLM Real Estate Inc

Description

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 front house 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.

  • Interior Details
    • Beds & Baths
      • Bedrooms:8
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Measurements
      • Square Feet:2612
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1954
  • Utilities / Energy Details
    • Utility
      • Utility source:SeeRemarks
      • Utility features:SeeRemarks
  • Community and Neighborhood Details
    • Community
      • Subdivision:San Diego
    • Location
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 849, 000
  • Other
    • Source
      • MLS #:240022287SD

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00