Welcome to your dream investment or multi-generational living opportunity near San Diego State University! This exceptional property offers an 8-bedroom, 4-bathroom layout across a spacious 3318 sqft, with endless possibilities. The main house features 6 large bedrooms, 3 bathrooms, an open living area, and a newly remodeled kitchen with upgraded flooring throughout. Natural light pours into the expansive space, making it perfect for gatherings or relaxation. Adding even more value is the newly built, fully permitted 2-bedroom, 1-bathroom ADU with its own address, private entrance, kitchen, and laundry hookups—ideal for renting out or personal use. Step outside to enjoy your private oasis with a sparkling pool, stunning backyard views, and ample space for entertaining. Situated on a cul-de-sac in a high-demand rental area, this property is currently leased below market at $7,940/month, with potential to exceed $10,000/month for the next lease. With proximity to SDSU, this turn-key investment property offers constant rental demand. These properties are operate on 12 month leases and just a 3-5 day vacancy between move ins. Rent out the main house and live in the ADU, or maximize returns by renting both. Opportunities like this don’t come often!
Property Details
Price:
$1,495,000
MLS #:
240028119SD
Status:
Pending
Beds:
8
Baths:
4
Address:
5232 Prosperity Ln
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
College Grove
Neighborhood:
92115sandiego
City:
San Diego
Listed Date:
Dec 7, 2024
State:
CA
Finished Sq Ft:
3,318
ZIP:
92115
Lot Size:
6,300 sqft / 0.14 acres (approx)
Year Built:
1961
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Schools
Interior
Appliances
Dishwasher, Disposal, Microwave, Refrigerator, Electric Oven, Counter Top
Cooling
None
Heating
Natural Gas, Forced Air
Exterior
Fencing
Wood
Garage Spaces
2.00
Parking Features
Concrete
Parking Spots
4.00
Pool Features
In Ground
Roof
Shingle
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address5232 Prosperity Ln San Diego CA
- Area92115 – San Diego
- SubdivisionCollege Grove
- CitySan Diego
- CountySan Diego
- Zip Code92115
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Courtesy of Big Block Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
5232 Prosperity Ln
San Diego, CA
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