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5109 Alumni Pl

San Diego CA 92115

4
2
2
1388 sq. ft.
Single-Family
Currently for sale - view listing

Overview

New price improvement creates a rare opportunity at this value! 4 Bed | 2 Bath | Huge Lot | ADU & SB-9 Ready | Turnkey College Area Investment An exciting mid-century single-story gem in San Diego’s thriving College Area, just minutes from SDSU and walkable to shops, restaurants, and public transit. This 4 bed, 2 bath home sits on an expansive lot with ADU drawings posted in the MLS to save you time and money - contact listing agent for them. A great opportunity for a SB-9 lot split with dual access from Reservoir Dr, this property offers rare upside potential—build a second home, split and sell, or create multiple rental income streams. Fully updated with modern finishes—new flooring, quartz counters, stainless appliances, upgraded lighting, and energy-efficient windows—this home blends turnkey comfort with real development potential. The oversized 2-car garage adds flexibility for conversion or storage. The drought-tolerant landscaping keeps maintenance low while leaving room to expand, entertain, or build out. Currently operating as a high-income SDSU student rental, it’s also a perfect opportunity for house hackers, developers, or anyone looking to build long-term wealth in one of San Diego’s most in-demand rental corridors. Assumable VA loan with low gap may be available—ask about creative financing options! Whether you’re looking for cash flow, future development, or a centrally located home with charm and upside, 5109 Alumni delivers!

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
1388 sq. ft. floor area
Single-Family

Property history for 5109 Alumni Pl

2023
Sold
$915,000
22 Nov 2023 by Jordan Miranda, of Checkal Real Estate and Development, Inc.
2015
Sold
$512,000
29 Dec 2015 by Jeff Grant

Happy sellers in San Diego

<50%
Less than 50% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in San Diego over the last 12 months.

Local market activity for 4 bedroom single-family properties in San Diego

In the last 12 months, 40 four-bedroom single-family properties similar to 5109 Alumni Pl, have been sold.

This represents a 25% decrease in four-bedroom single-family properties sales when compared to the previous 12 months.

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