5147 Ewing St

San Diego, CA 92115
$1,425,000
1600 sqft | 7 beds | 3 baths | 0.26 acres | #240023973SD
Courtesy of Real Broker

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Description

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.
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  • Interior Details
    • Interior Features
      • Interior:WetBar, AllBedroomsDown, MainLevelPrimary
    • Beds & Baths
      • Bedrooms:7
      • Bathrooms:3
      • Full Baths:3
  • Property Details
    • Property
      • Stories:1
    • Measurements
      • Acres:0.264
      • Square Feet:1600
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1951
  • Utilities / Energy Details
    • Utility
      • Utility source:Public
      • Utility features:WaterConnected
  • Community and Neighborhood Details
    • Community
      • Subdivision:San Diego
    • Location
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 450, 000
  • Other
    • Source
      • MLS #:240023973SD

Location

The Alcantara GroupReal Estate Group
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Down Payment

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Interest Rate

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6.0%

Tax Rate

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2.6%
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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.

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