Tucked away in the highly desirable College View Estates neighborhood near San Diego State University, 5386 Penny Place presents a rare opportunity to own a versatile move-in-ready property with incredible long-term potential. The flexible floor plan features 4 bedrooms and 3 full bathrooms, including two en-suite bedrooms that provide ideal separation and functionality for a variety of living arrangements. The additional bedrooms are well-sized and share a third full bath, creating a layout that adapts effortlessly to changing needs over time. Inside, the kitchen was recently refreshed with updated tile flooring and offers a functional footprint ready for everyday living or future customization. A newer roof and updated electrical and HVAC systems provide added peace of mind, while the home’s strong rental history over the past 13 years highlights its consistent appeal and investment potential. Additional improvements include a new water heater and bathroom faucets, as well as newer kitchen appliances, interior and exterior paint, a recently constructed wood front deck and stairs, a concrete walkway, an updated gutter system, and a newer garage door with automatic opener. A detailed list of improvements completed over the past three years is available upon request. Step outside to enjoy the expansive backyard, where canyon views, privacy, and low-maintenance landscaping create a peaceful outdoor setting with endless possibilities. Whether envisioning an entertainer’s retreat, garden oasis, or future value-add improvements, the oversized lot offers room to bring your ideas to life. Complete with a two-car garage and an unbeatable central location near San Diego State University, parks, restaurants, and commuter routes, 5386 Penny Place is a compelling opportunity for those seeking flexibility and upside in one of San Diego’s most established neighborhoods.