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5191 Alumni Pl

San Diego CA 92115

10
5
Multi-Family
Currently for sale - view listing

Overview

Turn Key student rental property with a rent guarantee through August 2027 for $13,000 per month at a 5.8% CAP RATE WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 6bed/3ba, ADU in front is a 4bed/2ba. Units share access to the pool and deck with views overlooking the canyon. All market rate no deed restrictions! Located a short drive to SDSU campus surrounded by high demand student rentals. This property usually rents many months in advance each year due to the beautiful finishes through out and the large pool with views - a unique amenity that students search for in SoCal. Units have in-unit washer dryers, full kitchens, private entrances, and ample street parking.

Features

10 bedrooms
5 bathrooms
Multi-Family

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 10 bedroom multi families in San Diego

In the last 12 months, 1 numeral.10-bedroom multi family similar to 5191 Alumni Pl, have been sold.

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