5026 Faber Way
San Diego, CA, 92115
$1,199,000
3 Beds
2 Baths
1,716 SqFt
0 Acres
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Seize this rare opportunity just steps from San Diego State University! This property includes approved plans to transform the main house into a 6-bedroom, 3-bathroom residence and construct a brand-new 1,200 sq ft, 5-bedroom, 2-bathroom ADU. Situated on an oversized lot, it features two driveways for abundant parking, plus expansive front and rear yards. The garage offers future potential for conversion into a 2-bedroom, 1-bathroom third unit. With rental rates in this high-demand area ranging from $1,300-$1,450 per bedroom, this project promises exceptional cash flow and significant upside. Detailed Investment memo available for review PLEASE SEE OFFERING MEMORANDUM IN DOCUMENTS TAB

Property Details

Price:
$1,199,000
MLS #:
250026130SD
Status:
Active
Beds:
3
Baths:
2
Address:
5026 Faber Way
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
San Diego
Neighborhood:
92115sandiego
City:
San Diego
Listed Date:
May 1, 2025
State:
CA
Finished Sq Ft:
1,716
ZIP:
92115
Year Built:
1958
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Schools

Interior

Cooling
Central Air
Heating
Natural Gas, See Remarks

Exterior

Fencing
Partial
Garage Spaces
2.00
Parking Features
Driveway
Parking Spots
4.00
Pool Features
None
Roof
Composition
Stories Total
1

Financial

Map

Community

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broker reciprocity Courtesy of Brandon Blum. 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 2025. California Regional Multiple Listing Service. All rights reserved.
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5026 Faber Way
San Diego, CA